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Bears Dominate While A$1.5824.....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Dominate While A$1.5824 Caps
*RES 4: A$1.5853 - Hourly resistance Mar 8
*RES 3: A$1.5824 - High Mar 9
*RES 2: A$1.5792 - High Mar 14
*RES 1: A$1.5744 - Hourly support Mar 14 now resistance
*PRICE: A$1.5693 @ 2030GMT
*SUP 1: A$1.5619 - Low Mar 12 
*SUP 2: A$1.5598 - Low Feb 20 
*SUP 3: A$1.5545 - 55-DMA 
*SUP 4: A$1.5525 - Daily Bull channel base off 2018 Low
*COMMENTARY: Bears take comfort in the rejection ahead of A$1.5824-53 that saw
the pair head back towards A$1.5488-1.5598 where 55 & 100-DMAs and the bull
channel base off 2018 lows are situated. A close below the 100-DMA (A$1.5488) is
needed to shift focus to A$1.5152-1.5256 where the 200-DMA (A$1.5196) is noted.
Bulls still need a close above A$1.5824 to confirm a return in initial focus to
A$1.5941-1.6020 where 2018 highs and the bull channel top are located.

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