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Bulls Need Close Above A$1.5430...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bulls Need Close Above A$1.5430 
*RES 4: A$1.5526 - High Dec 20
*RES 3: A$1.5467 - Hourly support Dec 21 now resistance
*RES 2: A$1.5430 - High Jan 3
*RES 1: A$1.5392 - 21-DMA
*PRICE: A$1.5285 @ 2030GMT
*SUP 1: A$1.5275 - Low Dec 27 
*SUP 2: A$1.5215 - 100-DMA 
*SUP 3: A$1.5195 - Low Nov 13 
*SUP 4: A$1.5079 - Monthly Low Nov 9
*COMMENTARY: The 21-DMA confirmed significance last week having capped and left
the pair looking heavy to start the new week. While the 21-DMA caps bears retain
the upper hand with a close below A$1.5195 to confirm a break of the 100-DMA and
to shift focus to A$1.4944-73 where the 200-DMA is noted. The 21-DMA is initial
resistance with bulls now needing a close above A$1.5425 to confirm an easing of
bearish pressure and above A$1.5586 to target 2017 highs.

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