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A$1.5815 Resistance Key Today *...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: A$1.5815 Resistance Key Today
* Daily momentum divergence and O/B daily studies impacted last week with the
pair remaining capped at the A$1.5887-1.5967 region with a close above needed to
confirm focus on A$1.6056-1.6140 where 2018 & monthly highs are noted. 
* Correcting O/B studies have recently weighed. Bulls take comfort in the bounce
from ahead of the 55-DMA but still need a close above $1.5815 to confirm an
easing of bearish pressure and to return focus to A$1.5887-1.5967. 
* Bears look for a close below the 55-DMA to focus on A$1.5541-85 where the
200-DMA is located.

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