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(H9) Ending the Year Well.......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Ending the Year Well
*RES 3: 98.310 - 61.8% Fib 98.700-97.675
*RES 2: 98.192 - Up Trendline
*RES 1: 98.190 - 50% Fib 98.700-97.675
*PRICE: 98.175 @ Dec21 Close
*SUP 1: 97.775 - 76.4% 97.675-98.100
*SUP 2: 97.753 - Trendline Support
*SUP 3: 97.727 - 50% 96.754-98.700
Bulls shouldn't be too concerned about the modest pullback Friday Dec21, with
momentum indicators continuing to point higher - although the period ahead of
New Year is bound to be a quieter one for prices. The next key resistance levels
are yet to be broken, but the market's ability to hold recent gains favours
further upside. Bulls continue to shift their targets higher having broken above
the Dec 7 high & Nov 30 2017 highs at 98.100/110, opening the 50% retracement
level at 98.19. The 200-dma remains firm support at 97.877, below here opens the
76.4% retracement of the 97.675-98.050 move at 97.775.

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