Free Trial

(U18) 21 & 100-DMAs Key Today...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U18) 21 & 100-DMAs Key Today 
*RES 4: 97.965 - 2018 High July 2 
*RES 3: 97.959 - Bollinger band top 
*RES 2: 97.950 - High July 4 
*RES 1: 97.913 - 21-DMA
*PRICE: 97.875 @ 2130GMT
*SUP 1: 97.866 - Bollinger band base 
*SUP 2: 97.845 - 55-DMA 
*SUP 3: 97.833 - 100-DMA 
*SUP 4: 97.795 - High June 13 now support
*COMMENTARY: The sell-off Thursday lacked follow through with an aggressive
bounce ahead of 55 & 100-DMAs. Bears now need a close below the 100-DMA to end
bullish hopes and below 97.795 to confirm focus on 97.675 2018 lows. Bulls
continue to look for a close above the 21-DMA to gain breathing room and above
97.965 to return focus to 98.017-038 where 100 & 200-WMAs are noted.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.