The dollar’s precise stall at p=93.38 in early April augured a similarly precise one at the 97.54 ‘D’ target of the pattern. This did in fact occur, but the resistance looks like it is about to give way to a renewed surge following a relatively weak correction that lasted just ten days. The picture will become even more bullish if the buying that powered last week’s leap takes out the look-to-the-left peak at 97.80 recorded in June 2020, when the dollar’s ‘Covid’ slide was nearing the halfway point. ______ UPDATE (Mar 2, 7:45 p.m.): Today’s coy peek-a-boo high at 97.83 exceeded the peak I’d flagged by just three cents, but that’s enough to generate an impulse leg on the daily chart. This is exactly what healthy bull markets do: exceed prior peaks with each new upthrust.