The Dollar Index has bounced nearly precisely from p=99.72, just as we’d been expecting since March. I wouldn’t get too excited, however, since nothing has changed in the big picture to reverse the greenback’s long slide. The outlook would brighten somewhat if DXY vaults a minor midpoint resistance at 101.20 where it stalled last week. That’s the midpoint Hidden Pivot, on the 60-minute chart, of A=100.02 on 7/20. The rally target thereafter would be 101.67.