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Bears Need Close Below Cnh6.5023...>

DOLLAR-CNH TECHS: Bears Need Close Below Cnh6.5023
*RES 4: Cnh6.6131 - High Aug 30 
*RES 3: Cnh6.5827 - Low Aug 30 now resistance 
*RES 2: Cnh6.5663 - High Sept 4 
*RES 1: Cnh6.5507 - High Sept 6
*PRICE: Cnh6.5346 @ 2300GMT
*SUP 1: Cnh6.5053 - Low Sept 11 
*SUP 2: Cnh6.4442 - 200-WMA 
*SUP 3: Cnh6.4425 - 2017 Low Sept 8 
*SUP 4: Cnh6.4140 - Low Nov 25 2015
*COMMENTARY: The dip below the 200-WMA resulted in fresh 2017 and nearly 2year
lows Friday although the lack of follow through is hinting at a bigger
correction back to Cnh6.5827-6131 where the 21-DMA is located. Daily studies
correcting from very O/S levels add support the bullish case. Initial support
remains at Cnh6.5053 with bears needing a close below to ease bullish pressure
and return initial focus to 2017 lows.

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