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Bears Need Close Below A$1.5391...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Need Close Below A$1.5391
*RES 4: A$1.5692 - High June 14
*RES 3: A$1.5618 - Hourly support June 14a now resistance
*RES 2: A$1.5545 - Hourly support June 14 now resistance
*RES 1: A$1.5516 - Hourly resistance June 14
*PRICE: A$1.5483 @ 2130GMT
*SUP 1: A$1.5424 - Low June 14 
*SUP 2: A$1.5391 - High June 6 now support 
*SUP 3: A$1.5348 - Low June 7 
*SUP 4: A$1.5274 - Lows June 4 & 5
*COMMENTARY: The aggressive spike higher Thursday was violently reversed with
the pair looking offered with daily studies correcting from modestly O/B levels
seen weighing. bears now look for a close below A$1.5391 to confirm focus on
A$1.5256-74. Layers of resistance are accumulating and weighing. Bulls now need
a close above A$1.5545 to gain breathing room and above A$1.5618 to return focus
to A$1.5692-1.5771 where 55 & 100-DMAs are found.

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