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DOLLAR-INDEX TECHS: Overall Focus Back On 2017...>

US
US: DOLLAR-INDEX TECHS: Overall Focus Back On 2017 Low
*RES 4: 94.285 - High July 26 
*RES 3: 94.145 - High Aug 16 
*RES 2: 93.811 - Hourly resistance Aug 16a 
*RES 1: 93.576 - Hourly resistance Aug 16
*PRICE: 93.408 @ 0430GMT
*SUP 1: 93.248 - Hourly support Aug 14
*SUP 2: 92.934 - Low Aug 8
*SUP 3: 92.679 - Low Aug 3
*SUP 4: 92.548 - 2017 Low Aug 2
*COMMENTARY: Bulls failed to capitalise on the recovery from Friday's low with
the sell-off Wednesday resulting in a close below the 21-DMA (93.496). Bears
have regained the upper hand with overall focus having returned to 2017 lows.
Daily studies correcting from modestly O/B levels adds weight to the bearish
case. Bulls now need a close above 93.811 to gain breathing room and above
94.476 to confirm focus on 95.167-464 where the 55-DMA (95.316) is situated.

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