DXY – NYBOT Dollar Index (Last:82.88)

The Dollar Index has been struggling to put a midpoint resistance at 83.10 behind it, but five days of oscillating around it have not done the trick. If and when bulls muster the requisite thrust, look for DXY to reach a minimum 84.29, the ‘D’ sibling of the midpoint. We’ll want to monitor the action closely at that point, since an easy push past the resistance would be an obvious negative for bullion.