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Bears Need Close Below A$1.4792...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Need Close Below A$1.4792 
*RES 4: A$1.5175 - High Aug 29
*RES 3: A$1.5093 - High Aug 30
*RES 2: A$1.5043 - High Sept 1
*RES 1: A$1.4997 - High Sept 7
*PRICE: A$1.4897 @ 2100GMT
*SUP 1: A$1.4866 - 55-DMA 
*SUP 2: A$1.4852 - 100-DMA 
*SUP 3: A$1.4830 - Low Sept 6 
*SUP 4: A$1.4792 - Low Aug 18
*COMMENTARY: Topside follow through was lacking again last week although bulls
take comfort in support emerging on dips back towards the 55 & 100-DMAs. Bears
continue to look for a close below A$1.4792 to confirm breaks of DMAs and shift
focus back to A$1.4422-89 where the 200-DMA and July lows are noted. Bulls still
need a close above A$1.4997 to ease pressure on supports and above A$1.5093 to
return focus to A$1.5175-1.5226.

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