Finding Support Ahead Of 21-DMA...>

EURO-AUSSIE TECHS: Finding Support Ahead Of 21-DMA 

*RES 4: A$1.5546 - Daily Bull channel top

*RES 3: A$1.5392 - 2017 High Oct 26

*RES 2: A$1.5298 - Alternating hourly support/resistance

*RES 1: A$1.5255 - High Oct 27

*PRICE: A$1.5215 @ 2000GMT

*SUP 1: A$1.5182 - Hourly support Oct 31 

*SUP 2: A$1.5123 - Low Oct 31 

*SUP 3: A$1.5098 - 21-DMA 

*SUP 4: A$1.5032 - Daily Bull channel base

*COMMENTARY: The dramatic sell-off after trading at fresh 2017 and 16mth highs

has failed to trouble the 21-DMA with support emerging ahead and the bounce

seeing focus back to A$1.5255 today. Bulls need a close above this level to

initially target 2017 highs and then the daily bull channel top above. Bears

continue to look for a close below the 21-DMA to add weight to their case and

below the 55-DMA (A$1.5003 to shift focus back to A$1.4790 Sept lows.