The dollar spent the week recouping half of the previous week’s losses. The bounce came, however, from six cents above a 104.79 low that I’d characterized beforehand as the weakest possible correction. Expect a resumption of a powerful bull trend that will take DXY most immediately to 112.14, and thence to 124.79. Both of these Hidden Pivots were identified here last week and remain our price objectives for the intermediate-to-long-term.