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DOLLAR-INDEX TECHS: Remains Capped Ahead Of......>

US
US: DOLLAR-INDEX TECHS: Remains Capped Ahead Of 89.970
*RES 4: 90.597 - High Apr 6 
*RES 3: 90.273 - High Apr 9 
*RES 2: 89.970 - High Apr 10 
*RES 1: 89.660 - Hourly support Apr 12 now resistance
*PRICE: 89.430 @ 2130GMT
*SUP 1: 89.401 - Daily Bull channel base off 2018 low
*SUP 2: 89.189 - Bollinger band base
*SUP 3: 88.942 - Monthly Low Mar 27
*SUP 4: 88.650 - Hourly support Feb 16
*COMMENTARY: The 89.970 resistance confirmed significance with the index capped
ahead to start the new week. The index remains offered as it pressures the bull
channel base off 2018 lows. Bears need a close below 88.942 to confirm traction
below the channel base and initially target 2018 lows. Bulls continue to look
for a close above 89.970 to gain breathing room and above 90.597 to shift
immediate focus to 90.902-91.011 where the 100-DMA is found.

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