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A$1.5311 Support Key This Week....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: A$1.5311 Support Key This Week
*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$1.5446 - High Jan 12
*PRICE: A$1.5410 @ 2030GMT
*SUP 1: A$1.5339 - Low Jan 16 
*SUP 2: A$1.5312 - High Jan 11 now support 
*SUP 3: A$1.5236 - 100-DMA 
*SUP 4: A$1.5189 - Hourly resistance Jan 11 now support
*COMMENTARY: The lack of follow through on fresh 2mth lows and below the 100-DMA
last week was followed up with a rally Friday that sees bullish focus shift to
A$1.5586 this week. Bulls then need a close above this level to confirm focus on
2017 highs. The A$1.5311 support remains key. Bears still need a close below to
ease renewed bullish pressure and return focus to A$1.5079-1.5152.

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