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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: 98.974 - 55-DMA 
*RES 3: 98.962 - 100-DMA 
*RES 2: 98.910 - Hourly resistance Dec 18 
*RES 1: 98.855 - High Dec 21
*PRICE: 97.830 @ 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: Recent 2mth lows add weight to the bearish case with focus firmly
on 97.720-820 where 2017 lows are located. The Bollinger base (97.814) and O/S
daily studies are concerns for bears with potential to limit follow through. In
saying that, bulls look for a close above 97.855 to gain breathing room and
above 97.910 to shift focus back to 97.962-98.015 where key DMAs are clustered.

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