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Bulls Focused On..................>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bulls Focused On A$1.5033-1.5224 
*RES 4: A$1.5109 - High June 6
*RES 3: A$1.5075 - High July 6
*RES 2: A$1.5059 - Bollinger band top
*RES 1: A$1.5033 - High July 11
*PRICE: A$1.5005 @ 2100GMT
*SUP 1: A$1.4928 - Low Aug 14 
*SUP 2: A$1.4899 - Daily Bull channel base 
*SUP 3: A$1.4891 - Hourly support Aug 10 
*SUP 4: A$1.4818 - Hourly support Aug 2
*COMMENTARY: Pressure on the bear channel top (A$1.4929) took its toll with the
close above providing bullish confidence a boost. The close above A$1.4965 added
support to the bullish case with bulls now focused on A$ A$1.5033-1.5224 where
monthly highs and the bull channel top are located. Initial support is noted at
A$1.4928 today with bears needing a close below to ease immediate bullish
pressure and below A$1.4891 shift focus back to A$1.4781-1.4846.

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