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Bullish Price Sequence

(M18) 97.770 Support Now Key ...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M18) 97.770 Support Now Key 
*RES 4: 97.910 - High Mar 29 
*RES 3: 97.875 - 200-DMA 
*RES 2: 97.830 - Lows May 30 & 31 now resistance 
*RES 1: 97.813 - 100-DMA
*PRICE: 97.790 @ 2130GMT
*SUP 1: 97.770 - Low May 24 
*SUP 2: 97.740 - Low May 22 
*SUP 3: 97.700 - Monthly Low May 17 
*SUP 4: 97.675 - 2018 Low Apr 24
*COMMENTARY: Rejection ahead of the weekly bear channel top off 2016 highs and
the 55-WMA (97.933) has now resulted in closes below key DMAs with bears now
looking for a close below 99.770 to return focus to 2018 lows. Correcting O/B
studies add weight to the bearish case. Bulls now need a close above 97.930 to
gain breathing room and a close above the 200-DMA to confirm focus on
97.9100-9550 where monthly and yearly highs are noted.