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Bulls Need Close Above A$1.5484...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bulls Need Close Above A$1.5484 
*RES 4: A$1.5614 - Hourly resistance Dec 12a
*RES 3: A$1.5560 - 21-DMA
*RES 2: A$1.5559 - High Dec 13
*RES 1: A$1.5484 - Hourly resistance Dec 14
*PRICE: A$1.5453 @ 2030GMT
*SUP 1: A$1.5411 - Hourly resistance Dec 19 now support 
*SUP 2: A$1.5325 - 55-DMA 
*SUP 3: A$1.5317 - Daily Bull channel base 
*SUP 4: A$1.5195 - Low Nov 13
*COMMENTARY: The 55-DMA and bull channel base reconfirmed significance with
bulls taking comfort in Tuesday's bounce. In saying that, bulls still need a
close above A$1.5484 to ease immediate bearish pressure and above the 21-DMA to
return focus to A$1.5695-1.5774. Bears continue to look for a close below the
channel base to hint at deeper sell-off with below A$1.5079 to target the
200-DMA (A$1.4881).

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