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(U17) Below 97.980 Targets......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U17) Below 97.980 Targets 97.810-860 
*RES 4: 98.097 - 55-DMA 
*RES 3: 98.078 - 200-DMA 
*RES 2: 98.060 - Alternating hourly support/resistance 
*RES 1: 98.027 - 21-DMA
*PRICE: 98.010 @ 2130GMT
*SUP 1: 98.000 - 21-DMA 
*SUP 2: 97.980 - Alternating daily support/resistance 
*SUP 3: 97.950 - Bollinger band base 
*SUP 4: 97.940 - Low July 26
*COMMENTARY: Topside failures around the 200-DMA have taken their toll with a
close below the 21-DMA that leaves U17 looking heavy and immediate focus now on
97.980. Bears look for a close below this level to add weight to the case for a
move back to 97.810-860. Initial resistance is noted at the 21-DMA with bulls
needing a close above to ease bearish pressure and above 98.060 to pressure 200
& 55-DMAs.

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