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(Z17) Close Above 98.060 To.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z17) Close Above 98.060 To Ease Bearish Pressure 
*RES 4: 98.168 - 100-WMA 
*RES 3: 98.130 - Low June 20 now resistance 
*RES 2: 98.110 - High Nov 28 & 29 
*RES 1: 98.060 - Hourly resistance Dec 4
*PRICE: 98.035 @ 2030GMT
*SUP 1: 98.015 - Low Dec 4 
*SUP 2: 98.008 - Bollinger band base 
*SUP 3: 97.972 - 100-DMA 
*SUP 4: 97.945 - 55-DMA
*COMMENTARY: The contract again remained capped ahead of the 98.110-130
resistance region with the sell-of Monday seeing focus return to 97.942-972
where 55 & 100-DMAs and the bull channel base (off 2017 lows) are situated.
Daily studies are well placed for losses but the Bollinger base is a concern and
limits follow through. Bulls now need a close above 98.060 to ease bearish
pressure and above 98.130 to initially target 98.168-200.

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