The USD index is presently below 77 and seems to have backtested that level.

http://quotes.ino.com/chart/?s=NYBOT_DX

This is what James Turk had to say the other day: "“The dollar right now is hanging on the precipice. If we break below 77 on the dollar index, look out below. I don’t think people really appreciate how scary the dollar chart is here, or how ominous the implications really are. There’s no predicting how far the dollar could plunge if confidence breaks.”

Interestingly enough, this morning the Chinese have upgraded their official dollar holdings substantially to $1.1 trillion.