DXY – NYBOT Dollar Index (Last:80.04)

Since summer, bulls and bears have been locked in a duel that looks like a draw at this point. That could change, however, if DXY dips below the red line at 79.65, a midpoint Hidden Pivot support that is crucial to the short-term (or possibly longer) outlook.  A decisive breach would augur more downside to at least 77.81, an event that would generate additional, impulsive downforce by exceeding yet another important low key at 78.10.