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Below A$1.5694 To Ease Bullish....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Below A$1.5694 To Ease Bullish Pressure
*RES 4: A$1.5967 - High May 9
*RES 3: A$1.5887 - High May 15
*RES 2: A$1.5825 - High June 27
*RES 1: A$1.5784 - High June 28
*PRICE: A$1.5737 @ 2130GMT
*SUP 1: A$1.5694 - Low June 27 
*SUP 2: A$1.5650 - Low June 22 
*SUP 3: A$1.5615 - Low June 20 
*SUP 4: A$1.5541 - Low June 18
*COMMENTARY: The break of A$1.5771 and the 100-DMA (A$1.5773) has so far lacked
follow through with O/B daily studies now weighing. In saying that, bears now
look for a close below A$1.5694 to confirm a break of the bull channel base
(A$1.5746) and return initial focus to A$1.5615-50. While A$1.5694 supports
bulls remain focused on A$1.5887-1.5967 but continue to look for a close above
A$1.5825 to add support to their case.

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