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(H18) 55-DMA & 98.015 Levels....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H18) 55-DMA & 98.015 Levels Key 
*RES 4: 98.015 - Alternating daily support resistance 
*RES 3: 97.986 - 200-WMA 
*RES 2: 97.970 - 200-DMA 
*RES 1: 97.955 - High Dec 15
*PRICE: 97.900 @ 2030GMT
*SUP 1: 97.875 - Low Mar 1
*SUP 2: 97.835 - 55-DMA 
*SUP 3: 97.790 - Low Feb 8 
*SUP 4: 97.755 - Low Feb 5
*COMMENTARY: Support emerging on dips ensures that focus remains on layers of
resistance 97.955-98.015 with key MAs and the daily bear channel top off June
highs situated in this region. Bulls need a close above 98.015 to shift initial
focus to 98.111-132 where the 100-WMA and Nov highs are noted. Bears continue to
look for a close below the 55-DMA to ease bullish pressure and below 97.790 to
return initial focus to tests of 2018 lows (97.690).

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