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Focus Shifts To A$1.5795-1.5856...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Focus Shifts To A$1.5795-1.5856
*RES 4: A$1.6191 - 2018 High Mar 28
*RES 3: A$1.6117 - High Mar 29
*RES 2: A$1.6084 - High Apr 2
*RES 1: A$1.5939 - Hourly support Apr 4 now resistance
*PRICE: A$1.5912 @ 2130GMT
*SUP 1: A$1.5905 - Hourly support Mar 22 
*SUP 2: A$1.5856 - Low Mar 22 
*SUP 3: A$1.5823 - Daily Bull channel base off Jan 29 low 
*SUP 4: A$1.5795 - High Mar 15 now support
*COMMENTARY: The lack of topside follow through on last week's 2018 & 2+yr highs
sees the pair flirting with the 21-DMA (A$1.5919) and focus now on
A$1.5795-1.5856 where the daily bull channel base is located. Bears now look for
a close below A$1.5795 to target A$1.5598-1.5688. Bulls now look for a close
above A$1.5939 to gain breathing room and above A$1.6117 to reconfirm focus on
A$1.6191-1.6287 where 2018 highs and bull channel top are noted.

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