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(M18) Below 97.780 To Gain......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M18) Below 97.780 To Gain Breathing Room 
*RES 4: 97.900 - 200-DMA 
*RES 3: 97.865 - High Apr 10 
*RES 2: 97.828 - 55-DMA 
*RES 1: 97.820 - High May 4
*PRICE: 97.805 @ 2130GMT
*SUP 1: 97.780 - Low May 7 
*SUP 2: 97.750 - Lows May 3 & 4 
*SUP 3: 97.730 - Repeated daily resistance now support 
*SUP 4: 97.675 - 2018 Low Apr 24
*COMMENTARY: The recovery from 2018 lows is hesitating ahead of the 55 &
100-DMAs with topside follow through lacking Friday. Bulls now need a close
above 97.865 to shift focus to 97.900-955 where the 200-DMA is found. Initial
support is now noted at 97.780 with bears now needing a close below to ease
pressure on resistance layers and below 97.730 to shift immediate focus back to
2018 lows and overall focus to 2015 lows.

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