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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: 97.905 - 200-DMA 
*RES 3: 97.865 - High Apr 10 
*RES 2: 97.834 - 55-DMA 
*RES 1: 97.795 - High Apr 16
*PRICE: 97.780 @ 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 97.795. Bulls need a close above
97.795 to confirm a break of the 21-DMA (97.772) & shift focus back to
97.835-865 where 55 (97.834) & 100 (97.839) DMAs are situated. Initial support
is still noted at 97.730 with bears needing a close below to ease pressure on
97.795.

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