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Bulls Need Close Above Cnh6.3870...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above Cnh6.3870
*RES 4: Cnh6.4475 - High Jan 16 
*RES 3: Cnh6.4140 - Alternating daily support/resistance 
*RES 2: Cnh6.3870 - Low Jan 19 now resistance 
*RES 1: Cnh6.3773 - High Feb 8
*PRICE: Cnh6.3726 @ 2300GMT
*SUP 1: Cnh6.3640 - 100-DMA
*SUP 2: Cnh6.3526 - High Mar 9 now support
*SUP 3: Cnh6.3268 - High Apr 30 now support
*SUP 4: Cnh6.3073 - 55-DMA
*COMMENTARY: Bulls take comfort in the first close above the 100-DMA since June
2017 with immediate focus on Cnh6.3870 today. Bulls now look for a close above
this level to shift focus to Cnh6.4475-4962 where the 200-WMA & 200-DMA are
located. Bears now need a close below Cnh6.3526 to ease renewed bullish pressure
and hint at a correction back to the 55-DMA.

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