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21-DMA Resistance Confirming......>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: 21-DMA Resistance Confirming Significance 
*RES 4: A$1.5559 - High Dec 13
*RES 3: A$1.5526 - High Dec 20
*RES 2: A$1.5467 - Hourly support Dec 21 now resistance
*RES 1: A$1.5440 - 21-DMA
*PRICE: A$1.5336 @ 2030GMT
*SUP 1: A$1.5319 - Low Jan 3 
*SUP 2: A$1.5275 - Low Dec 27 
*SUP 3: A$1.5195 - Low Nov 13 
*SUP 4: A$1.5193 - 100-DMA
*COMMENTARY: The failure to trouble the 100-DMA is less than ideal for bears
with the pair bouncing back towards the 21-DMA. Bulls still need a close above
the 21-DMA to hint at a move back to A$1.5694-1.5774 with above A$1.5526 to
confirm. While the 21-DMA caps bears retain the upper hand with a close below
the 100-DMA needed to see bears targeting the 200-DMA.

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