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DOLLAR-INDEX TECHS: Bulls Now Need Close Above...>

US
US: DOLLAR-INDEX TECHS: Bulls Now Need Close Above 21-DMA
*RES 4: 94.178 - Hourly resistance Nov 14 
*RES 3: 93.962 - High Nov 22 
*RES 2: 93.610 - 55-DMA 
*RES 1: 93.245 - High Dec 1
*PRICE: 93.112 @ 0530GMT
*SUP 1: 92.952 - Hourly resistance Dec 1 now support
*SUP 2: 92.604 - Low Dec 1
*SUP 3: 92.496 - Low Nov 27
*SUP 4: 91.781 - Low Sept 22
*COMMENTARY: Bears take comfort in the 55-DMA capping the recovery from 92.496
and the index left looking offered. Bears continue to look for a close below
92.496 to add weight to the case for a test of 2017 lows although initially
focus shifts to 91.526-781. Bulls now need a close above the 21-DMA (93.748) to
shift initial focus to 94.165. Correcting O/S studies remain the key concern for
bears but the 21-DMA is now key.

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