DXY – NYBOT Dollar Index (Last:76.43)

NYBOT Dollar Index (DXY) price chart with targetsI’m not big on head-and-shoulders patterns because they are everywhere one looks for them, but if the one shown keeps pounding away at the neckline of this misshapen specimen it could trigger a two-point break.  Alternatively, buyers would need to drive DXY above the 77.95 external peak to regain the offensive. If weakness implies the euro is about to surge, the headlines that we should expect to accompany such freakish behavior are difficult to imagine.  Maybe this: Europe Goes All-In on Greek Debt.