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DOLLAR-INDEX TECHS: Above 21-DMA To Ease.........>

US
US: DOLLAR-INDEX TECHS: Above 21-DMA To Ease Bearish Pressure
*RES 4: 90.567 - Hourly support Mar 1 now resistance 
*RES 3: 90.420 - Hourly resistance Mar 1 
*RES 2: 90.293 - High Mar 2 
*RES 1: 89.829 - 21-DMA
*PRICE: 89.499 @ 0530GMT
*SUP 1: 89.431 - Low Mar 6
*SUP 2: 88.960 - Low Feb 19
*SUP 3: 88.650 - Hourly support Feb 16
*SUP 4: 88.253 - 2018 Low Feb 16
*COMMENTARY: The failure around the 55-DMA and ahead of the 91.011 resistance
left a bearish key day reversal in place with the close below 90.080 shifting
initial focus to 89.442. The break of 89.442 has lacked follow through but bears
now shift focus to retests of 2018 lows. The 21-DMA is now initial resistance
with bulls needing a close above to ease bearish pressure. A close above 91.011
remains needed to initially pressure 91.751.

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