Bulls Need Close Above Cnh6.3591...>

DOLLAR-CNH TECHS: Bulls Need Close Above Cnh6.3591

*RES 4: Cnh6.4140 - Low Nov 25 2015, 2018 Low Jan 15 & 17 

*RES 3: Cnh6.3870 - Low Jan 19 now resistance 

*RES 2: Cnh6.3591 - High Jan 25 

*RES 1: Cnh6.3106 - Low Jan 26 now resistance

*PRICE: Cnh6.2975 @ 2300GMT

*SUP 1: Cnh6.2830 - 2018 Low Jan 31

*SUP 2: Cnh6.2806 - Bollinger band base

*SUP 3: Cnh6.2607 - Low Feb 24 2015

*SUP 4: Cnh6.2293 - High Mar 13 2015 now support

*COMMENTARY: Fresh 2018 & 2+ year lows continue with O/S studies and Bollinger

base key concerns for bears. Bears continue to look for a close below Cnh6.2607

to confirm focus on Cnh6.2130-2293. The Cnh6.3591 resistance remains key with

bulls needing a close above to ease bearish pressure. A close above the 21-DMA

(Cnh6.4217) is needed to hint at a correction back to Cnh6.5017-5449 where the

55-DMA is noted.