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

US
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.

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