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Bears Focused On Cnh6.6413 *RES....>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bears Focused On Cnh6.6413
*RES 4: Cnh6.7377 - High July 31 
*RES 3: Cnh6.7154 - Low Aug 1 now resistance 
*RES 2: Cnh6.7124 - 21-DMA 
*RES 1: Cnh6.6886 - High Aug 17
*PRICE: Cnh6.6714 @ 2300GMT
*SUP 1: Cnh6.6685 - Low Aug 14 
*SUP 2: Cnh6.6567 - 2017 Low Aug 11 
*SUP 3: Cnh6.6512 - Bollinger band base 
*SUP 4: Cnh6.6413 - Monthly Low Sept 16
*COMMENTARY: The recovery from 2017 lows has stalled around the bear channel top
with the close below Cnh6.6831 leaving the pair looking a little heavy.
Cnh6.7154 is now key resistance with bulls needing a close above to confirm an
easing of bearish pressure and above Cnh6.7483 to target the 55-DMA (Cnh6.7611).
While Cnh6.7154 caps bears retain the advantage and initially target Cnh6.6413.

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