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(M18) Remains Capped Ahead Of...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M18) Remains Capped Ahead Of Key DMAs 
*RES 4: 97.894 - 200-DMA 
*RES 3: 97.865 - High Apr 10 
*RES 2: 97.822 - 55-DMA 
*RES 1: 97.820 - High May 4
*PRICE: 97.770 @ 2130GMT
*SUP 1: 97.770 - Lows May 9 & 10 
*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 continues to hesitate ahead of the 55 &
100-DMAs. Bulls still need a close above 97.865 to shift focus to 97.894-955
where the 200-DMA is found. Layers of support 97.730-770 continue to be seen as
key with pressure back on this region. Bears now need a close below 97.750 to
confirm traction below the 21-DMA (97.760) and below 97.730 to reconfirm initial
focus on 2018 lows.

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