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(H18) Bears Need Close Below....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H18) Bears Need Close Below 97.830 
*RES 4: 97.954 - Daily Bull channel top 
*RES 3: 97.910 - High Feb 7 
*RES 2: 97.890 - High Feb 9 
*RES 1: 97.872 - 55-DMA
*PRICE: 97.865 @ 2030GMT
*SUP 1: 97.830 - Low Feb 12 
*SUP 2: 97.790 - Low Feb 8, 21-DMA 
*SUP 3: 97.755 - Low Feb 5 
*SUP 4: 97.705 - Low Jan 31
*COMMENTARY: The contract is currently pressuring the 55-DMA with bulls needing
a close above 97.905 to confirm breaks of 55 & 100-DMAs and shift focus to
97.960-98.015 where the 200-DMA (97.991) is noted. Initial support is noted at
97.830 with bears needing a close below to ease pressure on resistance layers
and shift initial focus back to the 21-DMA. Daily studies at O/B levels remain a
concern for bulls.

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