Yesterday’s rally was promisingly impulsive, having exceeded no fewer than three prior peaks on the hourly chart.  However, no sooner had buyers achieved this feat than they turned tail and headed back toward recent lows near 77.00.  This has painted “dueling” impulse legs on the intraday charts, but the bias is still short-term bullish because the pullback was not quite as powerful as the upthrust. Now, if the bulls are going to take command, they should be able to push DXY above 78.14 by week’s end.  The significance of this number — it describes a look-to-the-left-peak — is shown in the accompanying chart.