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O/B Studies Limit Topside.........>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: O/B Studies Limit Topside Follow Through
*RES 4: A$1.5968 - High Feb 12 2016
*RES 3: A$1.5843 - Weekly Bollinger band top
*RES 2: A$1.5816 - 2018 High Feb 14
*RES 1: A$1.5760 - Hourly support Feb 14 now resistance
*PRICE: A$1.5715 @ 2030GMT
*SUP 1: A$1.5680 - Hourly resistance Feb 13 now support 
*SUP 2: A$1.5601 - Low Feb 13 
*SUP 3: A$1.5546 - Low Feb 2 
*SUP 4: A$1.5495 - Monthly High Jan 25
*COMMENTARY: A lack of topside follow through has defined Feb so far with fresh
2018 & 2yr highs Wednesday suffering the same fate. Daily studies at O/B levels
and the weekly Bollinger top remain concerns for bulls. Bears now need a close
below A$1.5680 to gain breathing room and below A$1.5601 to shift initial focus
to A$1.5456-1.5546 where 21 (A$1.5491) & 55 (A$1.5456) are situated. Overall
below the 100-DMA (A$1.5354) targets 2018 lows (A$1.5152).

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