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Bears Need Close Below 21-DMA.....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Need Close Below 21-DMA
*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$1.6032 - Hourly support Apr 2 now resistance
*PRICE: A$1.5966 @ 2130GMT
*SUP 1: A$1.5935 - Low Apr 3 
*SUP 2: A$1.5918 - 21-DMA 
*SUP 3: A$1.5905 - Hourly support Mar 22 
*SUP 4: A$1.5856 - Low Mar 22
*COMMENTARY: The lack of topside follow through on last week's 2018 & 2+yr highs
is a concern for bulls with O/B studies and the Bollinger band top (A$1.6198)
seeing the pair correct back towards A$1.5940 with a close below the 21-DMA to
shift focus back to A$1.5795-1.5858. Resistance layers accumulating is less than
ideal for bulls with a close above A$1.6117 needed to reconfirm focus on
A$1.6191-1.6263 where 2018 highs and bull channel top are noted.

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