The dollar looks particularly weak today

Dollar appears to be forming a bear flag.

Again - great for commodities & great for equities. Not saying you should long a particular stock or commodity just because of this - but there are major ramifications for a weak dollar.

Imports get more expensive & exports get cheaper.

If you are short the dollar, and that double bottom gets retested & breaks (which of course has happened before) we are going to see a significant and straight forward drop till next support is realized.