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Bears Focused On Cnh6.3004-3103....>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bears Focused On Cnh6.3004-3103
*RES 4: Cnh6.5076 - 21-DMA 
*RES 3: Cnh6.5017 - Alternating support/resistance 
*RES 2: Cnh6.4657 - Low Jan 8 now resistance 
*RES 1: Cnh6.4475 - High Jan 16
*PRICE: Cnh6.4362 @ 2300GMT
*SUP 1: Cnh6.4140 - Low Nov 25 2015, 2018 Low Jan 15 & 17
*SUP 2: Cnh6.3785 - Alternating daily support/resistance
*SUP 3: Cnh6.3409 - Low Nov 3 2015
*SUP 4: Cnh6.3141 - Low Oct 30 2015
*COMMENTARY: Fresh 2018 & 2+ year lows Monday left the pair looking heavy with
bears now focused on Cnh6.3004-3103. Daily studies have a little room to move
before O/S is an issue. Layers of resistance are weighing on the pair with bulls
now needing a close above Cnh6.4657 to ease bearish pressure and above Cnh6.5449
to shift initial focus to Cnh6.5695-5926 where 55 & 100-DMAs are situated.

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