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Focus Shifts To A$1.5771-1.5897...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Focus Shifts To A$1.5771-1.5897
*RES 4: A$1.6140 - High Apr 25
*RES 3: A$1.6095 - Bollinger band top
*RES 2: A$1.6056 - Hourly support Apr 26 now resistance, High Apr 30
*RES 1: A$1.5974 - 21-DMA
*PRICE: A$1.5944 @ 2130GMT
*SUP 1: A$1.5897 - 55-DMA 
*SUP 2: A$1.5851 - Daily Bull channel base off 2018 Low 
*SUP 3: A$1.5843 - Low Apr 19 
*SUP 4: A$1.5771 - Monthly Low Apr 13
*COMMENTARY: Hesitation around the Bolli top saw pressure on A$1.5961 to start
the new week with the close below Wednesday seeing focus back on A$1.5771-1.5897
where the bull channel base off 2018 lows and 55-DMA are situated. Bears now
need a close below A$1.5771 to shift focus to A$1.5598-1.5687 where the 100-DMA
is found. Bulls now look for a close above A$1.6056 to gain breathing room and
above A$1.6191 to target A$1.6250 2016 highs.

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