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Above A$1.5364 Targets Bull.......>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Above A$1.5364 Targets Bull Channel Top 
*RES 4: A$1.5645 - Monthly High May 24 2016
*RES 3: A$1.5542 - High June 2 2016
*RES 2: A$1.5513 - Daily Bull channel top
*RES 1: A$1.5364 - High June 16 2016
*PRICE: A$1.5331 @ 2000GMT
*SUP 1: A$1.5298 - High June 20 2016 now support 
*SUP 2: A$1.5252 - Hourly support Oct 25 
*SUP 3: A$1.5190 - Hourly support Oct 25a 
*SUP 4: A$1.5138 - High Oct 24 now support
*COMMENTARY: Support around the 55-DMA (A$1.4989) and bull channel base
(A$1.5513) in recent weeks has now provided the base for a move that sees bulls
looking for a close above A$1.5364 to confirm focus on A$1.5513-42 where the
daily bull channel top is noted. Support layers building add to bullish
confidence. Bears now need a close below A$1.5252 to gain breathing room and
below A$1.5190 to shift focus back to the 55-DMA and channel base.

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