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Bears Need Close Below Cnh6.2985...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bears Need Close Below Cnh6.2985
*RES 4: Cnh6.3526 - High Mar 9 
*RES 3: Cnh6.3521 - 55-DMA 
*RES 2: Cnh6.3383 - High Mar 19 
*RES 1: Cnh6.3166 - Low Mar 20 now resistance
*PRICE: Cnh6.3044 @ 2300GMT
*SUP 1: Cnh6.2985 - Low Mar 15
*SUP 2: Cnh6.2970 - Bollinger band base
*SUP 3: Cnh6.2867 - Low Feb 27
*SUP 4: Cnh6.2678 - Low Feb 16
*COMMENTARY: The pair has remained capped ahead of Cnh6.3521-26 where the 55-DMA
is located with focus back on Cnh6.2985. Bears continue to look for a close
below this support to shift focus back to tests of 2018 lows (Cnh6.2548). The
Bollinger base is the key concern for bears with potential to limit follow
through. Bulls now need a close above Cnh6.3526 to confirm a break of the 55-DMA
and shift initial focus to Cnh6.3773-3870.

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