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Initial Focus on Retests of 2018...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Initial Focus on Retests of 2018 Low
*RES 4: Cnh6.3870 - Low Jan 19 now resistance 
*RES 3: Cnh6.3773 - High Feb 8 
*RES 2: Cnh6.3546 - High Feb 22 
*RES 1: Cnh6.3159 - 21-DMA
*PRICE: Cnh6.2949 @ 2300GMT
*SUP 1: Cnh6.2748 - Bollinger band base
*SUP 2: Cnh6.2678 - Low Feb 16
*SUP 3: Cnh6.2548 - 2018 Low Feb 7
*SUP 4: Cnh6.2480 - High Mar 18 2015 now support
*COMMENTARY: The recovery from recent 2018 & 2+ year lows has stalled ahead of
the Cnh6.3773-6.3870 resistance region despite gaining traction above the
21-DMA. Losses to start the new week see a close below the 21-DMA buying bears
breathing room and seeing initial focus reconfirmed on retests of 2018 lows.
Bulls now need a close above the 21-DMA to ease bearish pressure and above
Cnh6.3870 to end bearish hopes and initially target Cnh6.4140-4657.

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