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Bulls Need Close Above Cnh3.3253...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above Cnh3.3253
*RES 4: Cnh6.3773 - High Feb 8 
*RES 3: Cnh6.3526 - High Mar 9 
*RES 2: Cnh6.3253 - High Apr 9 
*RES 1: Cnh6.3102 - Bollinger band top
*PRICE: Cnh6.2795 @ 2300GMT
*SUP 1: Cnh6.2929 - High Apr 20 now support
*SUP 2: Cnh6.2806 - 21-DMA
*SUP 3: Cnh6.2538 - Low Apr 2
*SUP 4: Cnh6.2510 - Bollinger band base
*COMMENTARY: Bulls take comfort in a marginal close above the 55-DMA (Cnh6.3053)
that sees immediate pressure back on Cnh6.3253. Bulls continue to look for a
close above Cnh6.3253 to confirm traction above the 55-DMA and above Cnh6.3526
to shift focus to Cnh6.3773-3870 where the 100-DMA (Cnh6.3838) is noted. Bears
now need a close below Cnh6.2929 to confirm a false break and below the 21-DMA
to pressure Cnh6.2338-2538.

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