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Above 21-DMA To Ease Bearish.......>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Above 21-DMA To Ease Bearish Pressure
*RES 4: Cnh6.6441 - 100-DMA 
*RES 3: Cnh6.6255 - 21-DMA 
*RES 2: Cnh6.6189 - Low Nov 15 now resistance 
*RES 1: Cnh6.6148 - 55-DMA
*PRICE: Cnh6.5945 @ 2300GMT
*SUP 1: Cnh6.5674 - Low Nov 24
*SUP 2: Cnh6.5568 - Low Oct 11
*SUP 3: Cnh6.5409 - Low Sept 18
*SUP 4: Cnh6.5219 - Low Sept 13
*COMMENTARY: Rallies remained capped ahead of the 100-DMA in past weeks
resulting in a sell-off that sees immediate pressure back on Cnh6.5568. Bears
continue to look for a close below this level to confirm focus on a move back to
Cnh6.5053. Bulls still need a close above the 21-DMA to ease bearish pressure
and above Cnh6.6651 to shift initial focus to Cnh6.6904 and overall focus to the
200-DMA (Cnh6.7501).

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