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(M18) Below 97.690 Targets......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M18) Below 97.690 Targets Weekly Channel Base 
*RES 4: 97.865 - 100-DMA 
*RES 3: 97.840 - High Apr 12 
*RES 2: 97.795 - High Apr 16 
*RES 1: 97.760 - High Apr 18
*PRICE: 97.715 @ 2130GMT
*SUP 1: 97.705 - Low Jan 31 
*SUP 2: 97.690 - 2018 Low Jan 19 
*SUP 3: 97.605 - 2015 Low Dec 15 2015 
*SUP 4: 97.510 - High Nov 25 2014 now support
*COMMENTARY: Bears remain focused on 97.690-705 where 2018 lows are noted
following recent topside hesitation ahead of 97.865. Daily studies approaching
O/S and the Bollinger base (97.724) remain concerns for bears. In saying that,
bulls now look for a close above 97.760 to gain breathing room and above 97.795
to target a correction back to 97.840-865. Above the 100-DMA is then needed to
target 97.910-98.005.