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A$1.5565 Support Confirms.........>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: A$1.5565 Support Confirms Significance 
*RES 4: A$1.5968 - High Feb 12 2016
*RES 3: A$1.5774 - High Feb 17 2016
*RES 2: A$1.5717 - Daily Bull channel top
*RES 1: A$1.5696 - 2017 High Nov 24
*PRICE: A$1.5655 @ 2000GMT
*SUP 1: A$1.5601 - Alternating hourly support/resistance 
*SUP 2: A$1.5565 - High Nov 22 now support 
*SUP 3: A$1.5504 - Low Nov 23 
*SUP 4: A$1.5447 - Low Nov 15
*COMMENTARY: The A$1.5565 support confirmed significance with the pair bouncing
from this level to return pressure to 2017 highs and the daily bull channel top.
Bulls now look for a close above A$1.5774 to confirm a break of the channel top
and to shift initial focus to tests of A$1.5968. Bears continue to look for a
close below A$1.5565 to ease bullish pressure and target a correction back to
A$1.5367-1.5447. Correcting O/B studies remain a concern for bulls.

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