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USDCAD TECHS

Bear Leg Extends

AUDUSD TECHS

Northbound

ARGENTINA

August Economic Activity Rises 1.1% M/m

Focus Shifts To A$1.4998-1.5087...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Focus Shifts To A$1.4998-1.5087 
*RES 4: A$1.5298 - Alternating hourly support/resistance
*RES 3: A$1.5255 - High Oct 27
*RES 2: A$1.5187 - Hourly resistance Oct 27
*RES 1: A$1.5138 - Alternating hourly support/resistance
*PRICE: A$1.5131 @ 2000GMT
*SUP 1: A$1.5097 - Hourly support Oct 24 
*SUP 2: A$1.5087 - High Oct 20 now support, 21-DMA 
*SUP 3: A$1.5015 - Daily Bull channel base 
*SUP 4: A$1.4998 - 55-DMA
*COMMENTARY: The dramatic sell-off after trading at fresh 2017 and 16mth highs
left the pair looking very heavy with losses Friday seeing bears now focused on
A$1.4998-1.5087 where 21 & 55-DMA and the bull channel base are situated. Bears
need a close below the 55-DMA to hint at a move to A$1.4790 Sept lows with below
the 100-DMA (A$1.4913) to confirm. Bulls now look for a close above A$1.5255 to
shift focus back to recent 2017 highs.