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(H18) Immediate Focus On........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H18) Immediate Focus On 97.720-820 Support Region 
*RES 4: 98.065 - Hourly resistance Dec 4, High Dec 8 
*RES 3: 98.015 - High Dec 12 
*RES 2: 98.976 - 55-DMA 
*RES 1: 98.910 - Hourly resistance Dec 18
*PRICE: 97.840 @ 2030GMT
*SUP 1: 97.820 - Repeated daily lows 
*SUP 2: 97.770 - Low Sept 22 
*SUP 3: 97.720 - 2017 Low Sept 21 
*SUP 4: 97.605 - 2015 Low Dec 12
*COMMENTARY: Continued fresh 2mth lows add weight to the bearish case with focus
firmly on the 97.720-820 support region where 2017 lows are located. The
Bollinger base (97.864) and O/S daily studies are concerns for bears with
potential to limit follow through. In saying that, bulls now look for a close
above 97.910 to ease immediate bearish pressure and above the 55-DMA to hint at
a move back to 98.110-130 with above 98.065 to confirm.

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