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Bulls Need Close Above Cnh6.5449...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above Cnh6.5449
*RES 4: Cnh6.5695 - High Dec 25 
*RES 3: Cnh6.5449 - High Jan 10 
*RES 2: Cnh6.5396 - 21-DMA 
*RES 1: Cnh6.5017 - Alternating support/resistance
*PRICE: Cnh6.4917 @ 2300GMT
*SUP 1: Cnh6.4647 - 2018 Low Jan 8
*SUP 2: Cnh6.4575 - Bollinger band base
*SUP 3: Cnh6.4425 - 2017 Low Sept 8
*SUP 4: Cnh6.4140 - Low Nov 25 2015
*COMMENTARY: The 21-DMA has so far capped the recovery form 2018 lows with the
pair again looking heavy and bears focused on tests of 2017 lows. The pair is
currently flirting with the 200-WMA (Cnh6.4890) with a close below to add weight
to the bearish case. Bulls now look for a close above Cnh6.5449 to confirm an
easing of bearish pressure and above Cnh6.5926 to end bearish hopes and shift
focus to Cnh6.6528-6.6651.

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