The bearish pattern shown in the chart is sufficiently clear that DXY’s interaction with the 77.47 midpoint pivot should tell us what the dollar is likely to do in the weeks ahead. There should be a tradable bounce, and a precise one at that, but because it has taken the downtrend nearly five months to get there, any decisive breach of the support within the next few days, especially on a closing basis, would be akin to the groundhog seeing his shadow: six more weeks of winter).