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AUSSIE 3-YEAR TECHS: (U17) Remains Capped Ahead Of 200-DMA
*RES 4: 98.178 - 55-WMA
*RES 3: 98.129 - 100-DMA
*RES 2: 98.116 - 55-DMA
*RES 1: 98.083 - 200-DMA
*PRICE: 98.050 @ 2130GMT
*SUP 1: 98.030 - Low Aug 4
*SUP 2: 98.018 - 21-DMA
*SUP 3: 98.010 - Repeated Daily Lows
*SUP 4: 97.980 - Alternating daily support/resistance
*COMMENTARY: The rally that defined most of last week is struggling having
stalled around the 200-DMA. Bears look for a close below 98.010 to confirm an
easing of bullish pressure and to hint at a move back to 97.810-860 with below
97.980 confirming. Correcting O/B studies add weight to the bearish case. Bulls
need a close above the 200-DMA to reconfirm a bullish bias and initially target
55 & 100-DMAs.