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(H9) Holds Near Highs *RES 3:...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Holds Near Highs
*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: 98.150 @ 16:21 GMT, Dec 21
*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, with momentum
indicators continuing to point higher - although the next week or so 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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