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A$1.4771-1.4858 Resistance........>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: A$1.4771-1.4858 Resistance Region Key 
*RES 4: A$1.4926 - Low July 11 now resistance
*RES 3: A$1.4858 - 55-DMA
*RES 2: A$1.4797 - Low July 4 now resistance
*RES 1: A$1.4771 - 21-DMA
*PRICE: A$1.4714 @ 2100GMT
*SUP 1: A$1.4643 - Low July 28 
*SUP 2: A$1.4602 - 100-DMA 
*SUP 3: A$1.4594 - Hourly support July 27 
*SUP 4: A$1.4565 - Low July 27
*COMMENTARY: Repeated hesitation ahead of the A$1.4797 and 21 & 55 DMAs is
taking its toll with the pair dipping below the 100-DMA Thursday. Bears now look
for a close below A$1.4565 to confirm a break of the 100-DMA and focus on
A$1.4399-1.4422 where the 200-DMA is located. Bulls continue to look for a close
above A$1.4797 to confirm an easing of bearish pressure and above the 55-DMA to
shift focus back to A$1.5078.

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