The Dollar Index didn’t get past either of the two important peaks flagged here yesterday, and, to make matters worse, DXY couldn’t even muster the two additional ticks it would have taken to surpass the 77.65 look-to-the-left peak identified in the chart (see inset). While it’s still too early to write off this two-day-old rally, signs that the long-term downtrend will soon resume are too obvious to ignore.