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(M18) O/S Daily Studies.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M18) O/S Daily Studies Impacting 
*RES 4: 97.835 - 55-DMA 
*RES 3: 97.795 - High Apr 16 
*RES 2: 97.775 - 21-DMA 
*RES 1: 97.760 - High Apr 18
*PRICE: 97.750 @ 2130GMT
*SUP 1: 97.730 - Repeated daily resistance now support 
*SUP 2: 97.675 - 2018 Low Apr 24 
*SUP 3: 97.605 - 2015 Low Dec 15 2015 
*SUP 4: 97.510 - High Nov 25 2014 now support
*COMMENTARY: Hesitation ahead of 2018 & 2+yr lows continues with O/S daily
studies impacting and a correction back towards 97.760-795 where the 21-DMA is
located. Bulls need a close above 97.795 to confirm a break of the 21-DMA &
shift focus back to 97.835-865 where 55 (97.835) & 100 (97.840) DMAs are
situated. Initial support is now noted at 97.730 with bears needing a close
below to ease pressure on 97.760.

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