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(U18) Failure To Break..........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U18) Failure To Break Downtrend 
*RES 4: 97.965 - 2018 High July 2 
*RES 3: 97.950 - High July 4 
*RES 2: 97.935 - High July 17 
*RES 1: 97.913 - Near Term Pivotal 
*PRICE: 97.880 @ 18:23 GMT 
*SUP 1: 97.820 - Low July 24 
*SUP 2: 97.800 - Support
*SUP 3: 97.795 - High June 13 now support 
*SUP 4: 97.755 - Low June 11
The Aussie 3Y bond is struggling to hold the gains made earlier this week,
slipping below the down trendline resistance. Indeed, the pullback has not only
developed a bearish reversal but is also testing key near-term support at the
97.865 level. A break below here would weaken the near-term technical picture,
returning the focus to the 97.820 recent lows. A break above the near-term
pivotal resistance at 97.913 are required to restore a bullish outlook.

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