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Free AccessDOLLAR-INDEX TECHS: 90.080 Support Key Today.....>
US: DOLLAR-INDEX TECHS: 90.080 Support Key Today
*RES 4: 94.219 - Monthly High Dec 12
*RES 3: 92.640 - 2018 High Jan 9
*RES 2: 91.751 - Low Jan 2 now resistance
*RES 1: 91.011 - Low Sept 8 now resistance
*PRICE: 90.717 @ 0530GMT
*SUP 1: 90.235 - High Feb 21 now support
*SUP 2: 90.080 - Hourly resistance Feb 27 now support
*SUP 3: 89.442 - High Feb 19 now support
*SUP 4: 88.960 - Low Feb 19
*COMMENTARY: The 89.442 support confirmed significance this week with the dip
Monday finding support ahead of this level and seeing immediate focus now on the
91.011-92.640 resistance region. Bulls still need a close above 92.640 to end
bearish hopes and shift focus to 94.076-95.149. Support layers building adds to
bullish confidence. Bears continue to look for a close below 98.080 to gain
breathing room.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.