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Above A$1.6117 To Initially.......>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Above A$1.6117 To Initially Target A$1.6191-1.6323
*RES 4: A$1.6191 - 2018 High Mar 28
*RES 3: A$1.6117 - High Mar 29
*RES 2: A$1.6084 - High Apr 2
*RES 1: A$1.6060 - High Apr 9
*PRICE: A$1.6002 @ 2130GMT
*SUP 1: A$1.5893 - Low Apr 5 
*SUP 2: A$1.5859 - Daily Bull channel base off Jan 29 low 
*SUP 3: A$1.5856 - Low Mar 22 
*SUP 4: A$1.5795 - High Mar 15 now support
*COMMENTARY: The lack of topside follow through on 2018 & 2+yr highs sees the
pair flirting with the 21-DMA (A$1.5960) as focus returned to A$1.5773-1.5859
where the 55-DMA and bull channel base are located. Bulls take comfort in
Friday's bounce but still need a close above A$1.6117 to reconfirm focus on
A$1.6191-1.6323 where 2018 highs and bull channel top are noted.

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