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(U18) Major Support Below.......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U18) Major Support Below
*RES 4: 98.190 - 50% Fib 98.700-97.675 (Continuation Chart)
*RES 3: 98.110 - High Nov 30, 17 (Continuation Chart)
*RES 2: 98.092 - 61.8% 98.350-97.675
*RES 1: 98.050 - Intraday High Sep 3, Upper Bound Of Trend Channel
*PRICE: 97.975 @ 16:41 GMT
*SUP 1: 97.910 - 3-Month trendline support, top end of Jul-Aug range
*SUP 2: 97.820 - Low July 24
*SUP 3: 97.795 - High June 13 now support
*SUP 4: 97.755 - Low June 11
The Sep-18 future contract is yet to recover from its daily reversal on Sep 3,
coming off an intraday high of 98.05. Should the contract continue to lose
momentum, there is significant support at 97.91, which represents both the
3-month upward trendline and the top end of the late July-early August range.
Bulls pursuing the may have to settle for some near-term consolidation, with
upside resistance at 98.05 looming large.

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