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Flirting With 21-DMA *RES 4:.......>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Flirting With 21-DMA
*RES 4: Cnh6.4475 - High Jan 16 
*RES 3: Cnh6.4322 - High May 30 
*RES 2: Cnh6.4179 - High June 4 
*RES 1: Cnh6.4096 - High June 5
*PRICE: Cnh6.3879 @ 2300GMT
*SUP 1: Cnh6.3875 - 21-DMA
*SUP 2: Cnh6.3642 - High May 22 now support
*SUP 3: Cnh6.3396 - 55-DMA
*SUP 4: Cnh6.3301 - 21-WMA
*COMMENTARY: Pressure has returned to the 21-DMA with the rally having stalled
ahead of the 200-DMA for now. Bears now look for a close below Cnh6.3642 to
confirm a break of the 21-DMA and to shift initial focus back to 6.3268-3396
where 55 & 100-DMAs and the 21-WMA are located. Bulls now need a close above
Cnh6.4096 to gain breathing room and above Cnh6.4322 to reconfirm focus on
200-DMA and WMAs Cnh6.4525-5021.

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