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Bears Need Close Below A$1.5817...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Need Close Below A$1.5817
*RES 4: A$1.6250 - 2016 High Feb 11
*RES 3: A$1.5968 - High Feb 12 2016
*RES 2: A$1.5959 - Weekly Bollinger band top
*RES 1: A$1.5937 - 2018 High Mar 5
*PRICE: A$1.5857 @ 2030GMT
*SUP 1: A$1.5817 - High Mar 1 now support 
*SUP 2: A$1.5697 - Low Mar 1 
*SUP 3: A$1.5598 - Low Feb 20 
*SUP 4: A$1.5546 - Low Feb 2
*COMMENTARY: Sideways trading within a A$1.5598-1.5816 range came to an end with
a break higher Friday & fresh 2018 and 2+year highs again Monday. Bulls shift
focus to A$1.6250 2016 highs with daily studies being well placed for gains. The
Bollinger top (A$1.5864) remains the key concern for bulls. Bears continue to
look for a close below A$1.5817 to ease immediate bullish pressure and below
A$1.5697 to shift focus back to A$1.5598.

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