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Looking Heavy, A$1.5104 Support...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Looking Heavy, A$1.5104 Support Key Today 
*RES 4: A$1.5364 - High June 16 2016
*RES 3: A$1.5298 - High June 20 2016
*RES 2: A$1.5243 - 2017 High Oct 11
*RES 1: A$1.5178 - Hourly resistance Oct 12
*PRICE: A$1.5120 @ 2000GMT
*SUP 1: A$1.5104 - Low Oct 10 
*SUP 2: A$1.5079 - Hourly support Oct 9a 
*SUP 3: A$1.5014 - 21-DMA 
*SUP 4: A$1.4995 - Hourly support Oct 5
*COMMENTARY: Despite recent fresh 2017 highs and a bullish close Wednesday bulls
have failed to trouble the A$1.5298 resistance with the pair looking a little
heavy and immediate pressure back on A$1.5104 as resistance layers build. Bears
now look for a close below A$1.5108 to add weight to the case for a correction
back to A$1.4903-1.5014 where the bull channel base, 21, 55 & 100-DMAs are
situated. Bulls need a close above A$1.5178 to gain breathing room.

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