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Focus Returns To..................>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Focus Returns To A$1.5392-1.5489 
*RES 4: A$1.5695 - High Dec 7
*RES 3: A$1.5614 - Hourly resistance Dec 12a
*RES 2: A$1.5587 - 21-DMA
*RES 1: A$1.5556 - Hourly resistance Dec 12
*PRICE: A$1.5524 @ 2030GMT
*SUP 1: A$1.5487 - Low Dec 5 
*SUP 2: A$1.5447 - Low Nov 15 
*SUP 3: A$1.5392 - Monthly High Oct 26 now support 
*SUP 4: A$1.5288 - 55-DMA
*COMMENTARY: Bears take comfort in the likely close below the 21-DMA that sees
focus back on A$1.5392-1.5489 with the pair looking heavy having left a head and
shoulders setup in place. Overall bears need a close below A$1.5392 is needed to
target the 55-DMA and daily bull channel base (A$1.5277). Layers of resistance
building add weight to the bearish case with bulls now needing a close above
A$1.5614 to ease bearish pressure.

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