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(M18) Bulls Focused On..........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M18) Bulls Focused On 97.865-880 
*RES 4: 97.910 - High Mar 29 
*RES 3: 97.880 - 200-DMA 
*RES 2: 97.878 - Bear channel top off 2016 high 
*RES 1: 97.865 - High Apr 10
*PRICE: 97.850 @ 2130GMT
*SUP 1: 97.813 - 100-DMA 
*SUP 2: 97.797 - 55-DMA 
*SUP 3: 97.779 - 21-DMA 
*SUP 4: 97.735 - Hourly support May 21
*COMMENTARY: Bulls dominated last week with close above the 55 & 100-DMA Friday
confirming focus on 97.865-880 where the 200-DMA and bear channel top off 2016
highs are found. Daily studies have room to move but the Bollinger top (97.843)
is the key concern for bulls. Bears now need a close below the 55-DMA to ease
bullish pressure and below the 21-DMA to shift focus back to 2018 lows.

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