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DOLLAR-INDEX TECHS: Remains Heavy *RES 4:........>

US
US: DOLLAR-INDEX TECHS: Remains Heavy
*RES 4: 94.650 - High Nov 10 
*RES 3: 94.219 - High Dec 12 
*RES 2: 94.107 - High Dec 13 
*RES 1: 93.759 - High Dec 14
*PRICE: 93.589 @ 2030GMT
*SUP 1: 93.282 - Low Dec 14
*SUP 2: 93.171 - Low Dec 6
*SUP 3: 93.035 - Low Dec 5
*SUP 4: 92.905 - Daily Bull channel base
*COMMENTARY: The correction lower leaves the index looking a little heavy and
flirting with the 100-DMA (93.330). Bears look for a close below 93.035 to shift
pressure back to the 92.496-905 region where Nov lows and the bull channel base
are situated. Correcting O/B studies are now weighing. Bulls now need a close
above 93.728 to gain breathing room and above 94.219 to reconfirm a bullish bias
targeting 95.167-652 where the 200-DMA is noted.

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