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(Z17) 97.840-880 Resistance.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z17) 97.840-880 Resistance Region Key 
*RES 4: 97.935 - Hourly resistance Sept 14 
*RES 3: 97.880 - Low Sept 14 now resistance 
*RES 2: 97.865 - Hourly resistance Sept 15 
*RES 1: 97.840 - High Sept 26
*PRICE: 97.800 @ 2000GMT
*SUP 1: 97.780 - Low Sept 28 & Oct 2 
*SUP 2: 97.760 - Hourly resistance Sept 21 now support 
*SUP 3: 97.720 - 2017 Low Sept 20 
*SUP 4: 97.618 - Daily Bear channel base
*COMMENTARY: Bears currently remain focused on the daily bear channel base and
then 2015 lows. In saying that, correcting O/S studies remain the key concern
for bears and the 97.840-880 resistance region remains key. Above 97.880 is
needed to see bulls targeting 97.935-968 where the 55-DMA and the bear channel
top are located. While 97.880 caps bears retain the upper hand and look for a
close below 97.760 to add weight to their case.

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