The Dollar Index has speared a midpoint resistance at 83.98 on the weekly chart, and although this is bullish for the near-term (i.e., the next 2-3 weeks), I’d need to see a two-bar close above the pivot to infer that DXY is capable of taking on some important peaks above 92 that were recorded in mid-2004 and in late 2005. The ‘D’ target associated with 83.98 is 90.62, implying a rally of about 8 percent if the lower number is decisively exceeded.