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Remains Capped Ahead Of Bull......>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Remains Capped Ahead Of Bull Channel Top
*RES 4: A$1.6323 - 2015 High Aug 24
*RES 3: A$1.6250 - 2016 High Feb 11
*RES 2: A$1.6228 - Daily Bull channel top
*RES 1: A$1.6191 - 2018 High Mar 28
*PRICE: A$1.6063 @ 2030GMT
*SUP 1: A$1.6046 - Low Mar 28 
*SUP 2: A$1.5940 - Low Mar 23 
*SUP 3: A$1.5905 - Hourly support Mar 22 
*SUP 4: A$1.5875 - 21-DMA
*COMMENTARY: Fresh 2018 & 2+yr highs continue with O/B studies and the Bollinger
band top (A$1.6143) key concerns for bulls with follow through currently
lacking. This increases the risk of a correction back to A$1.5940 with a close
below needed to shift focus back to A$1.5795-1.5875 where the 21-DMA is
situated. Bulls currently focus on A$1.6228-1.6323 where 2016 & 2015 highs are
located although O/B daily studies are an issue.

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