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DOLLAR-INDEX TECHS: Trading Below 200-WMA *RES...>

US
US: DOLLAR-INDEX TECHS: Trading Below 200-WMA
*RES 4: 93.451 - Hourly resistance Aug 23 
*RES 3: 93.117 - Hourly support Aug 25 now resistance 
*RES 2: 92.820 - Hourly resistance Aug 25a 
*RES 1: 92.591 - 200-WMA
*PRICE: 92.219 @ 0155GMT
*SUP 1: 92.168 - 2017 Low Aug 28
*SUP 2: 91.919 - 2016 Low May 3
*SUP 3: 91.514 - Low Jan 15 2015
*SUP 4: 91.117 - Low Jan 6 2015
*COMMENTARY: Failure by bulls to capitalise on the recovery from the week's low
last week has resulted in fresh 2017 and 15mth lows and the pair trading below
the 200-WMA for the first time since May 2014. Immediate bearish focus is now on
the 2016 low with a close below to target 89.776-90.325 where 2015 lows are
located. Bulls need a close above the 200-WMA to gain breathing room and above
93.117 to shift focus back to 93.451-94.145.

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