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Correcting O/B Studies Weighing...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Correcting O/B Studies Weighing
*RES 4: A$1.5968 - High Feb 12 2016
*RES 3: A$1.5834 - Weekly Bollinger band top
*RES 2: A$1.5805 - Daily Bollinger band top
*RES 1: A$1.5796 - 2018 High Feb 6
*PRICE: A$1.5662 @ 2030GMT
*SUP 1: A$1.5620 - Low Feb 12 
*SUP 2: A$1.5586 - Alternating daily support/resistance 
*SUP 3: A$1.5510 - Hourly support Feb 1 
*SUP 4: A$1.5469 - Alternating hourly support/resistance
*COMMENTARY: The lack of follow through on recent 2018 & 2yr highs remains less
than ideal for bulls who look for a close above to reconfirm initial focus on
A$1.5968. The dip below A$1.5630 has lacked follow through with bears now
needing a close below A$1.5620 to confirm an easing of bullish pressure and
below A$1.5586 to shift focus back to A1.5453-95 where 21 & 55-DMAs are
situated. Correcting O/B studies are now seen weighing.

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