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Above A$1.5771 To End Bearish.....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Above A$1.5771 To End Bearish Hopes
*RES 4: A$1.5771 - Low May 11 now resistance
*RES 3: A$1.5765 - 100-DMA
*RES 2: A$1.5739 - 55-DMA
*RES 1: A$1.5692 - High June 14
*PRICE: A$1.5651 @ 2130GMT
*SUP 1: A$1.5624 - Hourly support June 18 
*SUP 2: A$1.5541 - Low June 18 
*SUP 3: A$1.5477 - Hourly support June 15 
*SUP 4: A$1.5424 - Low June 14
*COMMENTARY: Last week's late recovery from a dip below the 55-WMA (A41.5355)
saw gains continue Monday with focus currently on layers of resistance
A$1.5692-1.5771 where 55 & 100-DMAs are noted. Bulls need a close above A$1.5771
to confirm breaks of 55 & 100-DMAs, shifting immediate focus to A$1.5967 and
overall focus to tests of 2018 highs. Bears now need a close below A$1.5624 to
gain breathing room.

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