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(Z17) Below 97.960 To End.......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z17) Below 97.960 To End Bullish Hopes 
*RES 4: 98.110 - High Nov 28 & 29 
*RES 3: 98.092 - Daily Bear channel top 
*RES 2: 98.065 - Hourly resistance Dec 4, High Dec 8 
*RES 1: 98.015 - High Dec 12
*PRICE: 97.980 @ 2030GMT
*SUP 1: 97.968 - Daily Bull channel base 
*SUP 2: 97.967 - 55-DMA 
*SUP 3: 97.960 - Monthly Lows Nov 1 & 2 
*SUP 4: 97.900 - Low Oct 27
*COMMENTARY: Pressure has returned to layers of support 97.960-968 where the
bull channel base and 55-DMA are situated. Bears look for a close below 97.960
to end bullish hopes, shifting initial focus to 97.900 and overall focus back to
2017 lows (97.720). The Bollinger base (96.982) is the key concern for bears.
Layers of resistance are building with bulls now needing a close above 98.015 to
ease bearish pressure and above 98.065 to shift focus back to 98.110-130.

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