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Cnh6.3870 Resistance Key *RES 4:...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Cnh6.3870 Resistance Key
*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: Cnh6.3835 - High May 9
*PRICE: Cnh6.3606 @ 2300GMT
*SUP 1: Cnh6.3412 - 21-DMA
*SUP 2: Cnh6.3389 - 100-DMA
*SUP 3: Cnh6.3122 - 55-DMA
*SUP 4: Cnh6.2913 - Low Apr 24
*COMMENTARY: Support around the 21-DMA has provided the base for a bounce back
towards Cnh6.3835-70 and closes above the 100-DMA. Bulls continue to look for a
close above Cnh6.3870 to shift initial focus to Cnh6.4140 and overall focus to
Cnh6.4475-5017 where 200-DMA (Cnh6.4728) & 200-WMA (Cnh6.4984) are situated.
Bears now need a close below the 55-DMA to ease bullish pressure and below
Cnh6.2913 to shift initial focus back to 2018 lows.

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