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(M18) 55-DMA Key Support This...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M18) 55-DMA Key Support This Week 
*RES 4: 97.969 - Daily Bear channel top off 2017 high 
*RES 3: 97.949 - 200-DMA 
*RES 2: 97.935 - High Mar 15 
*RES 1: 97.905 - High Mar 16
*PRICE: 97.865 @ 2030GMT
*SUP 1: 97.855 - Low Mar 19 
*SUP 2: 97.841 - 55-DMA 
*SUP 3: 97.830 - Bollinger band base 
*SUP 4: 97.790 - Low Feb 8
*COMMENTARY: The recovery from 55-DMA tests stalled ahead of the 97.949-993
region where the 200-DMA, 200-WMA and bear channel top off 2017 highs are noted
leaving M18 looking heavy. Bears continue to look for a close below the 55-DMA
to confirm a shift in initial focus to 97.790 and overall focus to 97.690 2018
lows. Bulls need a close above the channel top to hint at a move higher with
above 98.015 targeting 98.110-130.

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