Backed into a corner by Europe’s unexpected move toward austerity, an intrinsically worthless U.S. dollar is not giving up without a fight. It will have a couple of chances to dig in its heels — at 85.41, my minimum downside objective for the near term; or if not there, at 85.01. These are both Hidden Pivot supports extrapolated from a 180-minute chart, which has been reproduced alongside. _______ UPDATE: DXY dive-bombed the Hidden Pivot support once again, this time getting even closer with an 85.45 low. As before, a breach will spell more downside to 85.01 precisely.