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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: 98.122 - 100-DMA 
*RES 3: 98.089 - 200-DMA 
*RES 2: 98.080 - High June 30 
*RES 1: 98.070 - Bollinger band top
*PRICE: 98.040 @ 2130GMT
*SUP 1: 98.010 - Repeated Daily Lows 
*SUP 2: 98.000 - 21-DMA 
*SUP 3: 97.980 - Alternating daily support/resistance 
*SUP 4: 97.940 - Low July 26
*COMMENTARY: The contract is gaining traction above the 21-DMA with the break of
98.050 Tuesday confirming focus on 98.080-133 where key DMAs are located. The
Bollinger top is the key concern for bulls with potential to limit follow
through. Bears 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 (97.841)
are located.

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