Trial now

USDHUF Break above its 200DMA


Quadruple Witching day


OFZs Slide W/W as Investors Favour USD Bonds

(Z17) Bears Focused On 112.135-165.....>

SCHATZ TECHS: (Z17) Bears Focused On 112.135-165
*RES 4: 112.305 Low Mar 7 now resistance 
*RES 3: 112.285 High Sept 8 
*RES 2: 112.260 Hourly resistance Sept 8 
*RES 1: 112.225 Hourly support Sept 12 now resistance
*SUP 1: 112.175 Low Sept 13 
*SUP 2: 112.165 Low Sept 7 
*SUP 3: 112.152 21-DMA 
*SUP 4: 112.135 Low Aug 30
*COMMENTARY: Following on from the bull channel top capping last week bears take
comfort in a marginal close below the bull channel base (112.200) with immediate
focus currently on 112.135-165 where the 21-DMA is noted. Bears look for a close
below 112.135 to end bullish hopes and below 112.090 to target 111.985-112.015
where the 55-DMA is situated. Bulls need a close above 112.225 to gain breathing
room and above 112.285 to reconfirm the bullish bias