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Bears Need Close Below A$1.5598...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Need Close Below A$1.5598
*RES 4: A$1.5968 - High Feb 12 2016
*RES 3: A$1.5889 - Weekly Bollinger band top
*RES 2: A$1.5816 - 2018 High Feb 14
*RES 1: A$1.5759 - High Feb 23
*PRICE: A$1.5698 @ 2030GMT
*SUP 1: A$1.5662 - Hourly support Feb 26 
*SUP 2: A$1.5658 - 21-DMA 
*SUP 3: A$1.5598 - Low Feb 20 
*SUP 4: A$1.5546 - Low Feb 2
*COMMENTARY: A lack of topside follow through has defined Feb with fresh 2018 &
2yr highs suffering the same fate. Bears continue to look for a close below
A$1.5598 to confirm a break of the 21-DMA shifting initial focus to
A$1.5470-1.5566 where the 55-DMA is situated. Overall below A$1.5390 is needed
to target 2018 lows (A$1.5152) and the 200-DMA (A$1.5157). Bulls need a close
above A$1.5816 to confirm focus on A$1.5968-1.6250.

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