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21 & 55-DMAs Key Supports *RES.....>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: 21 & 55-DMAs Key Supports
*RES 4: Cnh6.4657 - Low Jan 8 now resistance 
*RES 3: Cnh6.4637 - 200-DMA 
*RES 2: Cnh6.4475 - High Jan 16 
*RES 1: Cnh6.4140 - Alternating daily support/resistance
*PRICE: Cnh6.3949 @ 2300GMT
*SUP 1: Cnh6.3889 - High May 25 now support
*SUP 2: Cnh6.3642 - High May 22 now support
*SUP 3: Cnh6.3600 - 21-DMA
*SUP 4: Cnh6.3317 - 100-DMA
*COMMENTARY: The 21-DMA has provided the base for a break higher that now sees
focus on Cnh6.4140. Bulls need a close above this level to add support to the
case for a test of the Cnh6.4475-4996 region where the 200-DMA and 200-WMA
(Cnh6.4996) are situated. Bears continue to look for a close below the 21-DMA to
ease bullish pressure and below the 55-DMA to hint at a move back to 2018 lows.

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