I expect us to continue beyond this point into the high 90's before consolidating, and perhaps retesting the old resistance. Should the old resistance hold as support I would comfortably by into your favorite Dollar . Should it re-enter the pattern I would expect a rather quick fall to mid 80's, hammering out a bottom and completing a second leg of a wave theory retracement.
Nominal measured move of $78 takes us to $170, percentage measured move of 48% takes us to $140. First pit stop is at $118, the most recent high in 2001 and would definitely be my limit sell if it managed to get there. Let's see which way it goes and consider it's affect on gold and exporter stocks.
If shale takes a big knock on credit issues and the low price of oil, maybe this might interrupt the dollar's rally and the tedious gold bear market but if it resumes, my bet would be the dollar takes another leg up.