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(M18) Topside Follow Through....>

AUSSIE 3-YEAR TECHS: (M18) Topside Follow Through Lacking 
*RES 4: 97.935 - High Mar 15 
*RES 3: 97.930 - Weekly Bear channel top off 2016 high 
*RES 2: 97.910 - High Mar 29 
*RES 1: 97.878 - 200-DMA
*PRICE: 97.840 @ 2130GMT
*SUP 1: 97.813 - 100-DMA 
*SUP 2: 97.797 - 55-DMA 
*SUP 3: 97.792 - 21-DMA 
*SUP 4: 97.770 - Low May 24
*COMMENTARY: Rejection ahead of the weekly bear channel top off 2016 highs is
less than ideal with daily studies correcting from O/B. The closes below the
200-DMA are a concern with focus having returned to layers of support 97.770-813
where key DMAs are noted. Bears now need a close below 99.770 to return focus to
2018 lows. Bulls need a close above the 200-DMA to gain breathing room and above
97.955 to shift focus to 98.110 Dec highs.

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