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(H18) Gaining Traction Above....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H18) Gaining Traction Above DMAs 
*RES 4: 98.015 - Alternating daily support resistance 
*RES 3: 97.990 - 200-WMA 
*RES 2: 97.974 - Daily Bear channel top off 2017 high 
*RES 1: 97.956 - 200-DMA
*PRICE: 97.930 @ 2030GMT
*SUP 1: 97.910 - 100-DMA 
*SUP 2: 97.885 - 21-DMA 
*SUP 3: 97.838 - 55-DMA 
*SUP 4: 97.815 - Bollinger band base
*COMMENTARY: The 55-DMA reconfirmed significance having supported and provided
the base for a bounce back towards 97.956-990 where the 200 DMA & WMA and bear
channel top are situated. Bulls continue to look for a close above 98.015 to
confirm a break of this region and shift focus to 98.110-130 where the 100-WMA
and Nov highs are noted. Bears now look for a close below the 21-DMA to gain
breathing room and below the 55-DMA to target 2018 lows.

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