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(U17) Looking A Little Heavy ...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U17) Looking A Little Heavy 
*RES 4: 98.129 - 100-DMA 
*RES 3: 98.090 - High Aug 4 
*RES 2: 98.072 - 55-DMA 
*RES 1: 98.070 - 200-DMA
*PRICE: 98.000 @ 2130GMT
*SUP 1: 98.000 - Low Aug 15 & 16 
*SUP 2: 97.995 - Bollinger band base 
*SUP 3: 97.980 - Alternating daily support/resistance 
*SUP 4: 97.940 - Low July 26
*COMMENTARY: Pressure is back on the 98.000 support with bears continuing to
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 in the
near future. Layers of resistance remain with bulls still needing a close above
98.090 to reconfirm a bullish bias and above the 100-DMA to shift overall focus
back to 98.350. The Bollinger base is the key concern for bears.

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