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Bulls Need Close Above 21-DMA......>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above 21-DMA
*RES 4: Cnh6.5926 - Low Dec 1 now resistance 
*RES 3: Cnh6.5823 - High Dec 21 
*RES 2: Cnh6.5695 - High Dec 25 
*RES 1: Cnh6.5504 - 21-DMA
*PRICE: Cnh6.4959 @ 2300GMT
*SUP 1: Cnh6.5017 - High Jan 8 now support
*SUP 2: Cnh6.4647 - 2018 Low Jan 8
*SUP 3: Cnh6.4597 - Bollinger band base
*SUP 4: Cnh6.4425 - 2017 Low Sept 8
*COMMENTARY: O/S daily studies appear to be impacting with gains this week
seeing the pair bounce back towards the 21-DMA. Bulls now need a close above the
21-DMA to confirm an easing of bearish pressure and above the 100-DMA
(Cnh6.5958) to shift focus to Cnh6.6528-6.7029 where the 200-DMA and monthly
highs are noted. Bears now need a close below Cnh6.5017 to ease pressure on the
21-DMA and retain focus on 2017 lows.

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