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2018 & 2+Yr Lows Lack Follow.......>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: 2018 & 2+Yr Lows Lack Follow Through
*RES 4: Cnh6.3870 - Low Jan 19 now resistance 
*RES 3: Cnh6.3732 - 21-DMA 
*RES 2: Cnh6.3591 - High Jan 25 
*RES 1: Cnh6.3194 - High Feb 6
*PRICE: Cnh6.3161 @ 2300GMT
*SUP 1: Cnh6.2548 - 2018 Low Feb 7
*SUP 2: Cnh6.2480 - High Nar 18 2015 now support
*SUP 3: Cnh6.2378 - Bollinger band base
*SUP 4: Cnh6.2293 - High Mar 13 2015 now support
*COMMENTARY: 2018 & 2+ year lows were seen again Wednesday but the lack of
follow through is less than ideal when combined with O/S daily studies looking
to correct and momentum divergence. Bulls now need a close above Cnh6.3194 to
gain breathing room and above Cnh6.3870 to shift focus back to Cnh6.4475-5017
where the 55-DMA (Cnh6.4968) is located. Bears currently focus on
Cnh6.2293-2480.

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