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Bulls Need Close Above 55-WMA......>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above 55-WMA
*RES 4: Cnh6.5631 - High Dec 27 
*RES 3: Cnh6.5449 - 2018 High Jan 10 
*RES 2: Cnh6.5187 - 55-WMA 
*RES 1: Cnh6.5166 - High June 21
*PRICE: Cnh6.4794 @ 2300GMT
*SUP 1: Cnh6.4600 - High Jan 18 now support
*SUP 2: Cnh6.4457 - Low June 19
*SUP 3: Cnh6.4322 - High May 30 now support
*SUP 4: Cnh6.4206 - 21-DMA
*COMMENTARY: The closes above the 200-DMA adds to bullish confidence with focus
currently on the 55-WMA. Bulls look for a close above the 55-WMA to shift
immediate focus to Cnh6.5449 2018 highs with overall focus shifting to the
100-WMA (Cnh6.6537). Bears need a close below Cnh6.4457 to ease bullish pressure
and below Cnh6.4322 to shift initial focus back to the 21-DMA. Daily studies at
O/B is a concern for bulls.

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