Despite the news DXY has not move up significantly higher, I would not be surprised if we moved towards our support level which is 92.28. Looking at the COT Report for the Dollar it seems institutions has been adding only but 430 long positions and the -70 shorts I would assume is profit taking. I'm expecting some bearish movement to at least 93.00 before we see the dollar recover. Had we traded above or near 94.20 I would have had hope for a stronger Dollar but we haven't even retraced 50% from the fall we experienced from 94.65