The uptrend easily exceeded the 106.84 rally target given here last week, so I am presenting a longer-term view with a much more ambitious objective at 124.72. More immediately, however, there’s a Hidden Pivot midpoint resistance at 112.16 that we can use as a minimum upside projection for the near term. As always, if buyers surpass it easily, that would portend more upside to at least p2=118.44, and thence to the D target itself.
DXY – NYBOT Dollar Index (Last:106.11)
