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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: Cnh6.6904 - High Oct 3 
*RES 3: Cnh6.6651 - High Oct 27 
*RES 2: Cnh6.6405 - 100-DMA 
*RES 1: Cnh6.6233 - 21-DMA
*PRICE: Cnh6.6102 @ 2300GMT
*SUP 1: Cnh6.5933 - Low Nov 27
*SUP 2: Cnh6.5674 - Low Nov 24
*SUP 3: Cnh6.5568 - Low Oct 11
*SUP 4: Cnh6.5409 - Low Sept 18
*COMMENTARY: Bulls take comfort in the recovery that sees the pair working its
way back towards resistance layers and DMAs. Bulls 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 (Cnh6.7476). Bears still need a close below
Cnh6.5933 to ease pressure on the 21-DMA and below Cnh6.5568 to confirm focus on
a move back to Cnh6.5053.

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