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Bears Need Close Below A$1.5825...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bears Need Close Below A$1.5825
*RES 4: A$1.6056 - Hourly support Apr 26 now resistance
*RES 3: A$1.5967 - High May 9
*RES 2: A$1.5926 - Bollinger band top
*RES 1: A$1.5887 - High May 15
*PRICE: A$1.5851 @ 2130GMT
*SUP 1: A$1.5825 - High June 27 now support 
*SUP 2: A$1.5777 - 100-DMA 
*SUP 3: A$1.5709 - 55-DMA 
*SUP 4: A$1.5694 - Low June 27
*COMMENTARY: The break higher sees fresh 2mth highs Monday and immediate focus
now on A$1.5887-1.5967 with a close above needed to confirm focus on
A$1.6056-1.6140 where 2018 & monthly highs are noted. O/B studies remain the key
concern for bulls. Bars now look for a close below A$1.5825 to gain breathing
room and hint at a correction back to A$1.5615-1.5709 where the 55-DMA is noted.

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