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Bulls Need Close Above A$1.5824...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bulls Need Close Above A$1.5824
*RES 4: A$1.5941 - High Mar 8
*RES 3: A$1.5884 - Bollinger band top
*RES 2: A$1.5853 - Hourly resistance Mar 8
*RES 1: A$1.5824 - High Mar 9
*PRICE: A$1.5767 @ 2030GMT
*SUP 1: A$1.5747 - Hourly resistance Mar 13 now support 
*SUP 2: A$1.5691 - High Mar 12 now support 
*SUP 3: A$1.5619 - Low Mar 12 
*SUP 4: A$1.5598 - Low Feb 20
*COMMENTARY: The correction from 2018 highs is in trouble with a rally and close
above the 21-DMA (A$1.5742) buying bulls breathing room and seeing pressure on
A$1.5824. Bulls need a close above to confirm a return in initial focus to
A$1.5941-1.6004 where 2018 highs and the bull channel top are located. Bears
need a close below A$1.5691 to retain focus on layers of support A$1.5484-1.5598
where 55 & 100-DMAs and the bull channel base off 2018 lows are situated.

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