The Dollar Index came down hard Friday after a powerful four-day rally from within a hair of a 76.15 Hidden Pivot support. This has created “dueling impulse legs” on the hourly chart, and although that’s often a harbinger of indecisive action, in this case the bulls still hold a slight edge. That’s because the bullish impulse leg was more powerful than the bearish one that has developed so far.  The balance would tip back toward bears, however, if DXY were to dip below 76.40 today.  The rally from 76.12 stood to be an important one (see archive), but the major trend is still bearish.