Trial now
CROSS ASSET

Markets Sensitive To Omicron Spread

MYR

Ringgit Slips In Holiday-Thinned Trade

US TSYS

Another, Modest, Omicron Bid Kicks In

CHINA RATES

China Repo Rates Rise Friday

Flirting With 55-DMA *RES 4: $0.8068...>

AUSSIE TECHS
AUSSIE TECHS: Flirting With 55-DMA
*RES 4: $0.8068 - Hourly support Sept 20a now resistance, Bollinger top
*RES 3: $0.8036 - High Sept 21
*RES 2: $0.7983 - Low Sept 20 now resistance
*RES 1: $0.7945 - Hourly resistance Sept 20
*PRICE: $0.7918 @ 0220GMT
*SUP 1: $0.7907 - Hourly support Sept 22 
*SUP 2: $0.7895 - Bollinger band base 
*SUP 3: $0.7863 - Low Aug 24 
*SUP 4: $0.7807 - Monthly Low Aug 15
*COMMENTARY: Pressure on the daily bull channel base has taken its toll with an
aggressive break and close below that sees the pair flirting with the 55-DMA
($0.7922). Bears continue to look for a close below the 55-DMA to end bullish
hopes, shifting immediate focus to $0.7863 and overall focus to $0.7781-0.7807.
Layers of resistance continue to accumulate and weigh with bulls now needing a
close above $0.8037 to shift focus back to 2017 highs.