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(U17) 97.980 Support Remains....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U17) 97.980 Support Remains Key 
*RES 4: 98.087 - 55-DMA 
*RES 3: 98.075 - 200-DMA 
*RES 2: 98.063 - Daily Bear channel top 
*RES 1: 98.060 - Alternating hourly support/resistance
*PRICE: 98.050 @ 2130GMT
*SUP 1: 98.000 - Low Aug 15 & 16 
*SUP 2: 97.980 - Alternating daily support/resistance 
*SUP 3: 97.989 - Bollinger band base 
*SUP 4: 97.940 - Low July 26
*COMMENTARY: Support emerging ahead of the key 97.980 level has bought bulls
breathing room with a close above the 21-DMA (98.038) reconfirming focus on
98.075-130 where key DMAs are situated. The 97.980 support remains key 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 are suggestive of a break out in the
near future.

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