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Focus Firmly On 200-WMA *RES 4:....>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Focus Firmly On 200-WMA
*RES 4: Cnh6.5663 - High Sept 4 
*RES 3: Cnh6.5242 - Low Sept 4 now resistance 
*RES 2: Cnh6.5077 - Low May 6 2016 now resistance 
*RES 1: Cnh6.4923 - Alternating daily support/resistance
*PRICE: Cnh6.4863 @ 2300GMT
*SUP 1: Cnh6.4729 - Monthly Low May 3 2016 
*SUP 2: Cnh6.4660 - Low Apr 20 2016 
*SUP 3: Cnh6.4434 - 2016 Low Mar 18 2016 
*SUP 4: Cnh6.4417 - 200-WMA
*COMMENTARY: The pair remains heavy after fresh 2017 and 16mth lows with bears
now firmly focused on the 200-WMA (Cnh6.4417). Daily studies at O/S levels and
the Bollinger base (Cnh6.4820) remain key concerns for bears. Layers of
resistance remain and weigh on the pair with bulls now needing a close above
Cnh6.5242 to ease bearish pressure and above Cnh6.5827 to shift focus to
Cnh6.6131-6539.

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