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DMAs & Channel Base Supporting ...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: DMAs & Channel Base Supporting 
*RES 4: A$1.5239 - High Oct 11
*RES 3: A$1.5178 - Hourly resistance Oct 12
*RES 2: A$1.5135 - High Oct 13
*RES 1: A$1.5105 - Hourly resistance Oct 13
*PRICE: A$1.5048 @ 2000GMT
*SUP 1: A$1.5011 - Hourly support Oct 19 
*SUP 2: A$1.4969 - 55-DMA 
*SUP 3: A$1.4967 - Daily Bull channel base 
*SUP 4: A$1.4900 - 100-DMA
*COMMENTARY: Despite recently remaining heavy, bears have failed to trouble the
key A$1.4900-69 support region where 55 & 100-DMAs and the bull channel base are
situated. Bulls take comfort in the likely close above the 21-DMA (A$1.5036)
with bulls now needing a close above A$1.5105 to shift focus to tests of 2017
highs. Bears initially look for a close below the bull channel base to ease
bullish pressure and below the 100-DMA to shift immediate focus to A$1.4790.

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