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Bears Focused On..................>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Focused On A$1.5795-1.5856
*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$1.5991 - High Apr 5
*PRICE: A$1.5921 @ 2130GMT
*SUP 1: A$1.5893 - Low Apr 5 
*SUP 2: A$1.5856 - Low Mar 22 
*SUP 3: A$1.5823 - Daily Bull channel base off Jan 29 low 
*SUP 4: A$1.5795 - High Mar 15 now support
*COMMENTARY: The lack of topside follow through on last week's 2018 & 2+yr highs
sees the pair flirting with the 21-DMA (A$1.5925) and focus on A$1.5795-1.5856
where the daily bull channel base is located. Bears now look for a close below
A$1.5795 to target A$1.5598-1.5688. Bulls now look for a close above A$1.5991 to
gain breathing room and above A$1.6117 to reconfirm focus on A$1.6191-1.6299
where 2018 highs and bull channel top are noted.

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