DXY – NYBOT Dollar Index (Last:85.68)

The Dollar Index head-faked yesterday morning before plummeting to within 0.11 points of the 85.41 Hidden Pivot we were using as a minimum downside objective.  Any lower would portend 85.01, or perhaps 84.91. The 85.41 pivot itself remains valid as well and could evince a bounce, since it remains unbroken as of this writing. ______ UPDATEThe Dollar dove anew today but still  couldn’t break the 85.41 hidden support.  The low was 85.45 before DXY rallied to a so-far recovery high of 85.77. My hunch is that the support will give way on Monday. When it does, look for a new leg down to exactly 85.01.