DOLLAR-INDEX TECHS: Bears Need Close Below.......>

US: DOLLAR-INDEX TECHS: Bears Need Close Below 89.714

*RES 4: 91.751 - Low Jan 2 now resistance 

*RES 3: 91.011 - Low Sept 8 now resistance 

*RES 2: 90.445 - High Mar 20 

*RES 1: 90.260 - Hourly resistance Mar 21

*PRICE: 89.993 @ 0430GMT

*SUP 1: 89.794 - 55-DMA

*SUP 2: 89.714 - Hourly support Mar 28

*SUP 3: 89.534 - Hourly resistance Mar 28a now support

*SUP 4: 89.251 - Low Mar 28

*COMMENTARY: The lack of follow through on the break of 88.960 has seen the

pendulum swing back the other way and focus having returned to 90.445. Bulls

need a close above this level to confirm a shift in focus to 91.011-751 where

the 100-DMA is located. Layers of support are again following the index higher

with bears now needing a close below 89.714 to ease renewed bullish pressure and

return initial focus to 88.955.