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Bulls Need Close Above 100-DMA.....>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above 100-DMA
*RES 4: Cnh6.7154 - Low Aug 1 now resistance 
*RES 3: Cnh6.6904 - High Oct 3 
*RES 2: Cnh6.6663 - 100-DMA 
*RES 1: Cnh6.6651 - High Oct 27
*PRICE: Cnh6.6479 @ 2300GMT
*SUP 1: Cnh6.6216 - 21-DMA
*SUP 2: Cnh6.6016 - 55-DMA
*SUP 3: Cnh6.5852 - Low Nov 2
*SUP 4: Cnh6.5687 - Bollinger band base
*COMMENTARY: Bears failed to capitalise on the dip below the 55-DMA (Cnh6.6018)
last week with the bounce seeing pressure return to resistance layers. Bulls
still need a close above Cnh6.6904 to shift focus to the 200-DMA (Cnh6.7651).
Bears now look for a close below the 21-DMA to ease renewed bullish pressure and
below Cnh6.5852 to confirm breaks of DMAs and add weight to the case for an
initial test of Cnh6.5568 and then Cnh6.5053.

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