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Immediate Focus On A$1.5529.......>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Immediate Focus On A$1.5529 Today
*RES 4: A$1.5651 - Low May 19 now resistance
*RES 3: A$1.5618 - High May 23
*RES 2: A$1.5529 - High June 1
*RES 1: A$1.5527 - 21-DMA
*PRICE: A$1.5479 @ 2130GMT
*SUP 1: A$1.5424 - High June 1 now support 
*SUP 2: A$1.5391 - High June 6 now support 
*SUP 3: A$1.5348 - Low June 7 
*SUP 4: A$1.5274 - Lows June 4 & 5
*COMMENTARY: Oscillation around the 55-WMA (A$1.5336) has seen bears fail to
gain traction below with the bounce Thursday buying bulls breathing room. The
focus is now on A$1.5529 today. Bulls need a close above A$1.5529 to confirm
initial focus on A$1.5618-51 and then 100 (A$1.5751) & 55 (A$1.5801) DMAs above.
Bears now need a close below A$1.5391 to ease renewed bullish pressure and
return focus to A$1.5256-74.

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