DXY – NYBOT Dollar Index (Last:81.16)

Just a little more upside will max out a pattern begun on Feb 3 from 78.68. The Hidden Pivot lies at 81.56, just 0.26 points above yesterday’s spike high, and it can serve as our minimum upside projection for the near term. A decisive move through it intraday, or a close above it, would be hinting of more upside over the near term to as high as 83.33. That’s the C-D midpoint of a pattern that looks compelling on the weekly chart.