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‌‌(M2)‌‌ Corrective Bounce Extends

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DOLLAR-CNH TECHS: Cnh6.3875 Resistance Key
*RES 4: Cnh6.4475 - High Jan 16 
*RES 3: Cnh6.4140 - Alternating daily support/resistance 
*RES 2: Cnh6.3875 - High May 21 
*RES 1: Cnh6.3845 - Bollinger band top
*PRICE: Cnh6.3703 @ 2300GMT
*SUP 1: Cnh6.3492 - 21-DMA
*SUP 2: Cnh6.3349 - 100-DMA
*SUP 3: Cnh6.3150 - 55-DMA
*SUP 4: Cnh6.2913 - Low Apr 24
*COMMENTARY: Bulls take comfort in the 21-DMA supporting on dips and pressure
returning to the Cnh6.6875 resistance. Bulls need a close above this level to
shift initial focus to Cnh6.4140 and overall focus to Cnh6.4475-5017 where
200-DMA (Cnh6.4679) & 200-WMA (Cnh6.4985) are situated. Bears continue to look
for 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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