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Pressuring 55-DMA *RES 4:..........>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Pressuring 55-DMA
*RES 4: Cnh6.6886 - High Aug 17 
*RES 3: Cnh6.6748 - Low Aug 17 now resistance 
*RES 2: Cnh6.6539 - Low Aug 24 now resistance 
*RES 1: Cnh6.6511 - 55-DMA
*PRICE: Cnh6.6418 @ 2300GMT
*SUP 1: Cnh6.6227 - Low Sept 27
*SUP 2: Cnh6.6053 - Low Sept 26 
*SUP 3: Cnh6.5860 - High Sept 22 now support
*SUP 4: Cnh6.5650 - 21-DMA
*COMMENTARY: The recovery from 2017 lows now sees the pair pressuring the
55-DMA. Bulls now look for a close above Cnh6.6539 to confirm a break of the
55-DMA and initially focus on Cnh6.8886-7153. Daily studies looking to correct
from O/B and the Bollinger band top (Cnh6.6469) remain key concerns for bulls.
Bears now look for a close below Cnh6.6053 to shift focus back to Cnh6.5573-5650
where the 21-DMA is noted.

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