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(H18) Bears Focused On 2015.....>

AUSSIE 3-YEAR TECHS: (H18) Bears Focused On 2015 Low 
*RES 4: 97.815 - 21-DMA 
*RES 3: 97.780 - High Jan 17 
*RES 2: 97.760 - Low Jan 17 now resistance 
*RES 1: 97.730 - High Jan 19
*PRICE: 97.705 @ 2030GMT
*SUP 1: 97.690 - 2018 Low Jan 19 
*SUP 2: 97.605 - 2015 Low Dec 12 
*SUP 3: 97.550 - Low Dec 3 2014 
*SUP 4: 97.520 - Low Nov 28 2014
*COMMENTARY: Losses continue for the contract with it remaining heavy having
been capped by the 21-DMA the past two weeks. The break below 2017 lows (97.720)
sees bears focused on tests of the 2015 low. Layers of resistance building adds
weight to the bearish case. Bulls now look for a close above 97.780 to gain
breathing room and above 97.855 to confirm a break of the 21-DMA and targeting a
correction back to $97.910-960.

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