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A$1.5961-1.6017 Support Region....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: A$1.5961-1.6017 Support Region Key
*RES 4: A$1.6250 - 2016 High Feb 11
*RES 3: A$1.6191 - 2018 High Mar 28
*RES 2: A$1.6140 - High Apr 25
*RES 1: A$1.6110 - Bollinger band top
*PRICE: A$1.6073 @ 2130GMT
*SUP 1: A$1.6017 - Low Apr 24 
*SUP 2: A$1.5961 - Low Apr 20 
*SUP 3: A$1.5929 - Hourly resistance Apr 19 now support 
*SUP 4: A$1.5871 - 55-DMA
*COMMENTARY: Bulls took comfort in support emerging on dips back to the 55-DMA
with bulls focused on A$1.6192 2018 highs. The Bollinger top is the key concern
for bulls and currently limits follow through. Bears look for a close below
A$1.6017 to ease bullish pressure and below A$1.5961 to shift focus back to
A$1.5771-1.5871 where the bull channel base and 55-DMA are situated. Bulls need
a close above A$1.6191 to target A$1.6250 2016 highs.

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