Someone mentioned in the chat room tonight that the dollar was bumping up against a trendline, presumably developing thrust for a breakout (see inset).  From a Hidden Pivot standpoint another perhaps more significant breakout price lies at 81.64, somewhat above the trendline’s 80.35. It is the ‘p’ midpoint of the large pattern shown in the chart, with a ‘D’ target at 85.16. Breakouts aside, DXY’s daily chart is already bullishly impulsive going back to a 78.10 point ‘A’ low recorded on 2/29.  The pattern projects to 81.24, so you could infer that the fireworks need only a match to light up the sky. Want to learn how to do this stuff yourself? Click here for information about the upcoming Hidden Pivot Webinar on June 6-7.