DOLLAR-INDEX TECHS: Rejected Above 21-DMA *RES...>

US: DOLLAR-INDEX TECHS: Rejected Above 21-DMA

*RES 4: 93.628 - High Aug 23 

*RES 3: 93.451 - Hourly resistance Aug 23 

*RES 2: 93.347 - High Aug 31 

*RES 1: 92.936 - Hourly resistance Aug 31

*PRICE: 92.633 @ 2130GMT

*SUP 1: 92.579 - Alternating hourly support/resistance

*SUP 2: 92.251 - Low Aug 30

*SUP 3: 91.621 - 2017 Low Aug 29

*SUP 4: 91.514 - Low Jan 15 2015

*COMMENTARY: The recovery from recent 2017 and 2+ year lows looks to be in

trouble with the rejection above the 21-DMA (93.196) leaving the index looking

heavy and immediate pressure back on 92.579. Bears look for a close below this

level to reconfirm initial focus on 91.514-621 and below 91.514 to target

89.776-90.325. Bulls now need a close above 93.347 to ease bearish pressure and

shift focus to 93.451-94.145.