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(U17) 97.980 & 98.090 Levels....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U17) 97.980 & 98.090 Levels Remain Key 
*RES 4: 98.129 - 100-DMA 
*RES 3: 98.090 - High Aug 4 
*RES 2: 98.077 - 55-DMA 
*RES 1: 98.072 - 200-DMA
*PRICE: 98.040 @ 2130GMT
*SUP 1: 98.000 - Low Aug 15 & 16 
*SUP 2: 97.997 - Bollinger band base 
*SUP 3: 97.980 - Alternating daily support/resistance 
*SUP 4: 97.940 - Low July 26
*COMMENTARY: Support emerging ahead of the key 97.980 level last week has bought
bulls breathing room reconfirming focus on 98.072-129 where key DMAs are
situated. The 97.980 support remains key this week with bears needing a close
below this level to add weight to the case for a move back to 97.810-860.
Narrowing Bollinger bands remain suggestive of a break out in the near future.
Daily studies at neutral levels are providing few clues at present.

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