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Cnh6.3591 Resistance Remains Key...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Cnh6.3591 Resistance Remains Key
*RES 4: Cnh6.4140 - Low Nov 25 2015, 2018 Low Jan 15 & 17 
*RES 3: Cnh6.3870 - Low Jan 19 now resistance 
*RES 2: Cnh6.3865 - 21-DMA 
*RES 1: Cnh6.3591 - High Jan 25
*PRICE: Cnh6.3114 @ 2300GMT
*SUP 1: Cnh6.2761 - 2018 Low Feb 2
*SUP 2: Cnh6.2607 - Low Feb 24 2015
*SUP 3: Cnh6.2460 - Low Feb 24 2015
*SUP 4: Cnh6.2293 - High Mar 13 2015 now support
*COMMENTARY: 2018 & 2+ year lows continued Friday but follow through has been
lacking. Combined with correcting O/S daily studies this increases the
correction risk. Bulls continue to look for a close above Cnh6.3591 to ease
bearish pressure. A close above Cnh6.4140 is needed to confirm a break of the
21-DMA & hint at a correction back to Cnh6.5017-5449 where the 55-DMA
(Cnh6.5024) is noted. Bears remain focused on Cnh6.2293-2460.

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