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Above 21-DMA Targets 2017 High ...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Above 21-DMA Targets 2017 High 
*RES 4: A$1.5614 - Hourly resistance Dec 12a
*RES 3: A$1.5560 - 21-DMA
*RES 2: A$1.5559 - High Dec 13
*RES 1: A$1.5526 - High Dec 20
*PRICE: A$1.5495 @ 2030GMT
*SUP 1: A$1.5469 - Hourly support Dec 20 
*SUP 2: A$1.5411 - Hourly resistance Dec 19 now support 
*SUP 3: A$1.5335 - 55-DMA 
*SUP 4: A$1.5326 - Daily Bull channel base
*COMMENTARY: The 55-DMA and bull channel base reconfirmed significance with
bulls taking comfort in Tuesday's bounce. In saying that, bulls still need a
close above the 21-DMA to return focus to A$1.5695-1.5774 where 2017 highs are
located. Fresh 2017 highs initially target the bull channel top (A$1.5883).
Bears continue to look for a close below the channel base to hint at deeper
sell-off with below A$1.5079 to target the 200-DMA (A$1.4889).

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