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Cnh6.3870 Resistance Key Today.....>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Cnh6.3870 Resistance Key Today
*RES 4: Cnh6.3870 - Low Jan 19 now resistance 
*RES 3: Cnh6.3732 - 21-DMA 
*RES 2: Cnh6.3591 - High Jan 25 
*RES 1: Cnh6.3194 - High Feb 6
*PRICE: Cnh6.3676 @ 2300GMT
*SUP 1: Cnh6.3248 - High Feb 7 now support
*SUP 2: Cnh6.2947 - Low Feb 8
*SUP 3: Cnh6.2480 - High Nar 18 2015 now support
*SUP 4: Cnh6.2478 - Bollinger band base
*COMMENTARY: 2018 & 2+ year lows were seen again Wednesday but the lack of
follow through when combined with O/S daily studies looking to correct and
momentum divergence has resulted in an aggressive correction and currently
flirts with the 21-DMA (Cnh6.3674). Bulls need a close above Cnh6.3870 to shift
focus back to Cnh6.4475-5017 where the 55-DMA (Cnh6.4931) is located. Below
Cnh6.3248 eases bullish pressure.

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