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Looking Offered *RES 4:...........>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Looking Offered
*RES 4: A$1.6187 - Daily Bull channel top
*RES 3: A$1.5976 - 2018 High Mar 5
*RES 2: A$1.5941 - High Mar 8
*RES 1: A$1.5853 - Hourly resistance Mar 8
*PRICE: A$1.5794 @ 2030GMT
*SUP 1: A$1.5739 - 21-DMA 
*SUP 2: A$1.5697 - Low Mar 1 
*SUP 3: A$1.5598 - Low Feb 20 
*SUP 4: A$1.5546 - Low Feb 2
*COMMENTARY: Topside follow through been elusive once again this week and has
taken its toll with the pair looking offered and focus back on A$1.5697-1.5739
where the 21-DMA is noted. Bears need a close below A$1.5697 to shift focus back
to A$1.5598. Daily studies correcting from modestly O/B is less than ideal for
bulls. Bulls now need a close above A$1.5976 to reconfirm a bullish bias
targeting A$1.6187-1.6250 where the daily bull channel top is located.

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