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Bulls Now Targeting A$1.6250......>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bulls Now Targeting A$1.6250 2016 Highs 
*RES 4: A$1.6250 - 2016 High Feb 11
*RES 3: A$1.5968 - High Feb 12 2016
*RES 2: A$1.5840 - Bollinger band top
*RES 1: A$1.5774 - High Feb 17 2016
*PRICE: A$1.5730 @ 2000GMT
*SUP 1: A$1.5696 - High Nov 24 now support 
*SUP 2: A$1.5601 - Alternating hourly support/resistance 
*SUP 3: A$1.5565 - High Nov 22 now support 
*SUP 4: A$1.5504 - Low Nov 23
*COMMENTARY: The A$1.5565 support confirmed significance with the bounce from
this level resulting in a likely close above previous 2017 highs (A$1.5696) and
bullish focus now on the $1.5968-1.6250 region where 2016 highs are located.
Daily studies at modestly O/B levels is less than ideal. In saying that, bears
now need a close below A$1.5696 to ease immediate bullish pressure and below
A$1.5565 to target a correction back to A$1.5392-1.5447.

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