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

US
US: DOLLAR-INDEX TECHS: Bears Need Close Below 89.714
*RES 4: 91.751 - Low Jan 2 now resistance 
*RES 3: 91.240 - 100-DMA 
*RES 2: 91.011 - Low Sept 8 now resistance 
*RES 1: 90.445 - High Mar 20
*PRICE: 90.093 @ 0430GMT
*SUP 1: 89.797 - 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.

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