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(H18) Above 21-DMA To Shift.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H18) Above 21-DMA To Shift Focus Higher 
*RES 4: 97.855 - High Jan 10 
*RES 3: 97.793 - 21-DMA 
*RES 2: 97.780 - High Jan 17 
*RES 1: 97.770 - High Jan 24
*PRICE: 97.725 @ 2030GMT
*SUP 1: 97.710 - Low Jan 29 
*SUP 2: 97.690 - 2018 Low Jan 19 
*SUP 3: 97.605 - 2015 Low Dec 12 
*SUP 4: 97.550 - Low Dec 3 2014
*COMMENTARY: Bears take comfort in the contract remaining capped ahead of the
97.780-793 region where the 21-DMA is located following the bounce from 2018
lows. Bulls need a close above the 21-DMA to shift initial focus to 97.855. The
contract remains heavy despite daily studies correcting from O/S. The lack of
topside follow through last week adds weight to the bearish case and sees
immediate focus on 97.690 with overall bearish focus on 2015 lows.

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