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(H18) Bulls Need Close Above....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H18) Bulls Need Close Above 97.855 
*RES 4: 97.970 - 55-DMA 
*RES 3: 97.948 - 100-DMA 
*RES 2: 97.910 - Hourly resistance Dec 18 
*RES 1: 97.855 - High Dec 21
*PRICE: 97.835 @ 2030GMT
*SUP 1: 97.770 - Low Sept 22 
*SUP 2: 97.720 - 2017 Low Sept 21 
*SUP 3: 97.605 - 2015 Low Dec 12 
*SUP 4: 97.550 - Monthly Low Dec 3 2014
*COMMENTARY: O/S daily studies appear to be impacting with hesitation ahead of
the 97.720-770 support region resulting in a bounce last week. Bulls continue to
look for a close above 97.855 to ease bearish pressure and above 97.910 to shift
immediate focus back to 97.948-98.040 where key DMAs are clustered. While 97.855
caps bears remain focused on tests of 2017 lows.

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