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(U17) Below 97.980 To Shift.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U17) Below 97.980 To Shift Focus Lower 
*RES 4: 98.120 - 100-DMA 
*RES 3: 98.090 - 200-DMA 
*RES 2: 98.080 - High June 30 
*RES 1: 98.073 - Bollinger band top
*PRICE: 98.050 @ 2130GMT
*SUP 1: 98.001 - 21-DMA 
*SUP 2: 97.980 - Alternating daily support/resistance 
*SUP 3: 97.940 - Low July 26 
*SUP 4: 97.929 - Bollinger band base
*COMMENTARY: The contract is gaining traction above the 21-DMA with the break of
98.050 confirming focus on 98.080-136 where key DMAs are located. The Bollinger
top is the key concern for bulls with potential to limit follow through. Bears
continue to look for a close below the 21-DMA to ease bullish pressure and below
97.980 to confirm focus on 97.810-860 where 2017 lows and 200-WMA are located.

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