A ‘mechanical’ buy at the green line returned a theoretical profit on Friday when the dollar jumped to the red line (p=204.50). This is of no trading consequence, since we don’t actually take positions in  this vehicle, but it lends a touch of health to the overall appearance of the daily chart. The moderate presumption now is that the rally will continue to at least p2=106.44, and possibly event to D=108.38. Let’s see whether bulls can push DXY past the midpoint resistance with vigor, since that would bull up the chart even more.