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Bulls Need Close Above A$1.4965...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bulls Need Close Above A$1.4965 
*RES 4: A$1.5075 - High July 6
*RES 3: A$1.5033 - High July 11
*RES 2: A$1.5000 - Bollinger band top
*RES 1: A$1.4965 - High Aug 4
*PRICE: A$1.4951 @ 2100GMT
*SUP 1: A$1.4891 - Hourly support Aug 10 
*SUP 2: A$1.4844 - Daily Bull channel base 
*SUP 3: A$1.4818 - Hourly support Aug 2 
*SUP 4: A$1.4753 - 21-DMA
*COMMENTARY: Pressure on the bear channel top (A$1.4935) has taken its toll with
the close above providing bullish confidence a boost. Bulls continue to look for
a close above A$1.4965 to gain traction topside and confirm focus on
A$1.5033-1.5224 where monthly highs and the bull channel top are located.
Initial support is noted at A$1.4891 today with bears needing a close below to
ease immediate bullish pressure and shift focus back to A$1.4753-1.4844.

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