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55-DMA Support Now Key *RES 4:....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: 55-DMA Support Now Key
*RES 4: A$1.6084 - High Apr 2
*RES 3: A$1.6060 - High Apr 9
*RES 2: A$1.6017 - High Apr 10
*RES 1: A$1.5987 - Hourly resistance Apr 10
*PRICE: A$1.5918 @ 2130GMT
*SUP 1: A$1.5888 - Low Apr 10 
*SUP 2: A$1.5871 - Daily Bull channel base off Jan 29 low 
*SUP 3: A$1.5856 - Low Mar 22 
*SUP 4: A$1.5795 - High Mar 15 now support
*COMMENTARY: The lack of topside follow through on 2018 & 2+yr highs sees
pressure on the A$1.5781-1.5871 support region where the 55-DMA and daily bull
channel base off Jan 29 lows are noted. Bears look for a close below the 55-DMA
to shift focus to A$1.5495-1.5626 where the 100-DMA is found. Bulls now need a
close above A$1.5987 to gain breathing room and above A$1.6117 to reconfirm
focus on A$1.6191-1.6335 where 2018 highs and bull channel top are noted.

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