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Supported Ahead Of 21-DMA *RES....>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Supported Ahead Of 21-DMA
*RES 4: A$1.6250 - 2016 High Feb 11
*RES 3: A$1.5968 - High Feb 12 2016
*RES 2: A$1.5874 - Weekly Bollinger band top
*RES 1: A$1.5816 - 2018 High Feb 14
*PRICE: A$1.5725 @ 2030GMT
*SUP 1: A$1.5667 - Hourly support Feb 21 
*SUP 2: A$1.5601 - Low Feb 13 
*SUP 3: A$1.5582 - 21-DMA 
*SUP 4: A$1.5546 - Low Feb 2
*COMMENTARY: A lack of topside follow through has defined Feb so far with fresh
2018 & 2yr highs last week suffering the same fate. Daily studies correcting
from O/B and the weekly Bollinger top remain concerns for bulls. Bears now need
a close below the 21-DMA to shift initial focus to A$1.5461-1.5546 where the
55-DMA is situated. Overall below the 100-DMA (A$1.5383) targets 2018 lows
(A$1.5152) and the 200-DMA (A$1.5140).

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