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21-DMA Supporting, Above..........>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: 21-DMA Supporting, Above A$1.5526 Targets 2017 High
*RES 4: A$1.5695 - High Dec 7
*RES 3: A$1.5586 - Low Dec 7 Now Resistance
*RES 2: A$1.5526 - High Dec 20
*RES 1: A$1.5495 - High Jan 25
*PRICE: A$1.5455 @ 2030GMT
*SUP 1: A$1.5332 - 21-DMA 
*SUP 2: A$1.5258 - 100-DMA 
*SUP 3: A$1.5189 - Hourly resistance Jan 11 now support 
*SUP 4: A$1.5148 - 2018 Low Jan 11
*COMMENTARY: Bulls take comfort in the 21-DMA now supporting as the pair flirts
with the 55-DMA (A$1.5440). Bulls now look for a close above A$1.5526 to add
support to the case for a test of 2017 highs. The Bollinger top (A$1.5452) is
the key concern for bulls and currently limits follow through. Bears now look
for a close below the 21-DMA to ease bullish pressure and below the 100-DMA to
reconfirm focus on A$1.5034-79 where the 200-DMA is situated.

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