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Asia Set To Assess Bull Steepening


(U2) Weaker into Weekly Close


(U2) Edging Closer to Key Support


A Few Tweaks On Friday

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Topside Follow Through Lacking ...>

EURO-AUSSIE TECHS: Topside Follow Through Lacking 
*RES 4: A$1.5298 - High June 20 2016
*RES 3: A$1.5226 - 2017 High June 1
*RES 2: A$1.5175 - High Aug 29
*RES 1: A$1.5119 - Hourly resistance Aug 29
*PRICE: A$1.5040 @ 2100GMT
*SUP 1: A$1.4974 - Low Aug 30 
*SUP 2: A$1.4900 - Hourly support Aug 23 
*SUP 3: A$1.4880 - Hourly support Aug 23a 
*SUP 4: A$1.4827 - Low Aug 22
*COMMENTARY: Topside follow through has been lacking this week with the pair
looking a little heavy following Wednesday's losses. Initial resistance remains
at A$1.5119 with bulls needing a close above to retain focus on A$1.5223-1.5364
where 2017 highs are located. The Bollinger top (A$1.5074) is the key concern
for bulls and currently limits follow through. Bears look for a close below
A$1.4880 to shift focus to A$1.4732.

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