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Bulls Need Close Above Cnh6.2985...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above Cnh6.2985
*RES 4: Cnh6.3401 - 55-DMA 
*RES 3: Cnh6.2985 - Low Mar 15 now resistance 
*RES 2: Cnh6.2867 - Low Feb 27 now resistance 
*RES 1: Cnh6.2769 - High Mar 27
*PRICE: Cnh6.2546 @ 2300GMT
*SUP 1: Cnh6.2352 - 2018 Low Mar 27
*SUP 2: Cnh6.2293 - High Mar 13 2015 now support
*SUP 3: Cnh6.2130 - Low Aug 8 2015
*SUP 4: Cnh6.1850 - Low May 17 2015
*COMMENTARY: Recent hesitation ahead of the 55-DMA has taken its toll with an
aggressive sell-off Monday with fresh 2018 & 3 year lows seen again Tuesday.
Bears now focus on Cnh6.1850-2130 last seen in 2015. Layers of resistance have
been left behind with bulls now needing a close above Cnh6.2985 to ease bearish
pressure and above Cnh3.3526 to hint at a shift higher in focus.

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