I stopped short here yesterday of predicting the dollar’s next move as it approaches a critical support. However, the euro looks like a good bet to continue higher, at least to the 1.4027 target shown. If so, this would imply a bout of weakness for the dollar. The euro could still pull back to the Hidden Pivot midpoint (red line) without changing any of that. In fact, it would be an enticing buy on a retracement to the 1.3660 pivot.
