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(U17) Layers of Resistance......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U17) Layers of Resistance 98.041-130 
*RES 4: 98.090 - High Aug 4 
*RES 3: 98.068 - 200-DMA 
*RES 2: 98.063 - 55-DMA 
*RES 1: 98.041 - 21-DMA
*PRICE: 98.020 @ 2130GMT
*SUP 1: 98.001 - Bollinger band base 
*SUP 2: 97.990 - Low Aug 23 
*SUP 3: 97.980 - Alternating daily support/resistance 
*SUP 4: 97.940 - Low July 26
*COMMENTARY: The break of the 98.000 support Wednesday lacked follow through
with the contract bouncing from ahead of the 97.980 support. Bears look for a
close below 97.980 to add weight to the case for a move back to 97.810-860.
Narrowing Bollinger bands remain suggestive of a break out. Bulls now look for a
close above the 21-DMA to ease bearish pressure and above 98.090 to initially
target 98.127-130.

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