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DOLLAR-INDEX TECHS: Pressuring 100-DMA *RES 4:...>

US
US: DOLLAR-INDEX TECHS: Pressuring 100-DMA
*RES 4: 94.650 - High Nov 10 
*RES 3: 94.219 - High Dec 12 
*RES 2: 94.107 - High Dec 13 
*RES 1: 93.666 - Low Dec 11 now resistance
*PRICE: 93.468 @ 2030GMT
*SUP 1: 93.331 - 100-DMA
*SUP 2: 93.171 - Low Dec 6
*SUP 3: 93.035 - Low Dec 5
*SUP 4: 92.878 - Daily Bull channel base
*COMMENTARY: The correction lower leaves the index looking heavy and pressuring
the 100-DMA. Bears look for a close below 93.488 to ease bullish pressure and
below 93.035 to shift pressure back to 92.496-878 where Nov lows and the bull
channel base are situated. Correcting O/B studies are now weighing. Bulls now
need a close above 93.666 to gain breathing room and above 94.219 to reconfirm a
bullish bias targeting 95.167-464.

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