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Pressure On Key DMAs & Channel....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Pressure On Key DMAs & Channel Base 
*RES 4: A$1.5178 - Hourly resistance Oct 12
*RES 3: A$1.5135 - High Oct 13
*RES 2: A$1.5105 - Hourly resistance Oct 13
*RES 1: A$1.5024- Alternating hourly support/resistance Oct 13
*PRICE: A$1.4986 @ 2000GMT
*SUP 1: A$1.4960 - 55-DMA 
*SUP 2: A$1.4934 - Daily Bull channel base 
*SUP 3: A$1.4902 - 100-DMA 
*SUP 4: A$1.4790 - Low Sept 21
*COMMENTARY: With the pair looking heavy heading into Friday bears were not
disappointed with the sell-off and bearish close below the 21-DMA (A$1.5022)
that sees pressure back on the 100-DMA, 55-DMA and bull channel base. bears now
need a close below the 100-DMA to shift initial focus to A$1.4790. Layers of
support have been left in the wake with bulls needing a close above A$1.5024 to
gain breathing room.

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