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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$1.6558 - Weekly Bull channel top
*RES 3: A$1.6250 - 2016 High Feb 11
*RES 2: A$1.6170 - Daily Bull channel top
*RES 1: A$1.5976 - 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: Fresh 2018 & 2+yr highs continue but follow through is lacking
courtesy of daily and weekly Bollinger band tops. 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. While A$1.5817 supports bulls initially focus on
A$1.6170-1.6250 where the daily bull channel top is located with overall focus
on the weekly bull channel top.

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