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Above A$1.5774 Targets 2016.......>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Above A$1.5774 Targets 2016 High 
*RES 4: A$1.5774 - High Feb 17 2016
*RES 3: A$1.5660 - Daily Bull channel top
*RES 2: A$1.5656 - 2017 High Nov 17
*RES 1: A$1.5610 - High Nov 20
*PRICE: A$1.5538 @ 2000GMT
*SUP 1: A$1.5447 - Low Nov 15 
*SUP 2: A$1.5392 - Monthly High Oct 26 now support 
*SUP 3: A$1.5251 - 21-DMA 
*SUP 4: A$1.5195 - Low Nov 13
*COMMENTARY: Failure to trouble the 55-DMA (A$1.5092) in recent weeks retained
the integrity of the daily bull channel base (A$1.5146) and resulted in gains
testing the bull channel top. The A$1.5774 resistance remains key with bulls
needing a close above to confirm focus on 2016 highs. Layers of support remain
with bears needing a close below A$1.5392 to shift focus back to the 21-DMA
(A$1.5251). O/B studies looking to correct remain the key concern for bulls.

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