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US TSYS/SUPPLY

7Y Auction ​Review: Small Stop

US TSYS/SUPPLY

WI 7Y

EURUSD TECHS

Clears Key Support And Resumes Its Major Downtrend

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Mostly Downside

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Finding Support Ahead Of 21-DMA...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Finding Support Ahead Of 21-DMA 
*RES 4: A$1.5546 - Daily Bull channel top
*RES 3: A$1.5392 - 2017 High Oct 26
*RES 2: A$1.5298 - Alternating hourly support/resistance
*RES 1: A$1.5255 - High Oct 27
*PRICE: A$1.5215 @ 2000GMT
*SUP 1: A$1.5182 - Hourly support Oct 31 
*SUP 2: A$1.5123 - Low Oct 31 
*SUP 3: A$1.5098 - 21-DMA 
*SUP 4: A$1.5032 - Daily Bull channel base
*COMMENTARY: The dramatic sell-off after trading at fresh 2017 and 16mth highs
has failed to trouble the 21-DMA with support emerging ahead and the bounce
seeing focus back to A$1.5255 today. Bulls need a close above this level to
initially target 2017 highs and then the daily bull channel top above. Bears
continue to look for a close below the 21-DMA to add weight to their case and
below the 55-DMA (A$1.5003 to shift focus back to A$1.4790 Sept lows.
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