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(U18) Bears Still Need Close....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U18) Bears Still Need Close Below 97.900 
*RES 4: 98.015 - Alternating daily support/resistance 
*RES 3: 97.985 - Bollinger band top 
*RES 2: 97.965 - 2018 High July 2 
*RES 1: 97.950 - High July 4
*PRICE: 97.930 @ 2130GMT
*SUP 1: 97.900 - Low June 29 
*SUP 2: 97.866 - 200-DMA 
*SUP 3: 97.835 - High June 14 now support 
*SUP 4: 97.817 - 55-DMA
*COMMENTARY: The lack of topside follow through on fresh 2018 & 8mth highs is a
concern for bulls with daily momentum divergence noted, O/B studies in general
and the Bollinger top lurking just above. Bears look for a close below 97.900 to
ease bullish pressure and shift focus back to 97.795-835 where 55 & 100 DMAs are
situated. Bulls need a close above 97.965 to reconfirm focus on 98.015-031 where
100 & 200-WMAs are noted.

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