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(Z17) Focus Back on Channel.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z17) Focus Back on Channel Base & 55-DMA 
*RES 4: 98.130 - Low June 20 now resistance 
*RES 3: 98.110 - High Nov 28 & 29 
*RES 2: 98.060 - Hourly resistance Dec 4 
*RES 1: 98.015 - Low Dec 4 now resistance
*PRICE: 97.975 @ 2030GMT
*SUP 1: 97.971 - 100-DMA 
*SUP 2: 97.947 - Daily Bull channel base 
*SUP 3: 97.944 - 55-DMA *SUP 4: 97.900 - Low Oct 27
*COMMENTARY: Topside failures at 98.110 have taken their toll with the close
below 98.015 seeing focus return to the 55-DMA and bull channel base although
the 100-DMA currently supports. Bears now need a close below the 55-DMA to hint
at a move back to 2017 lows with below 97.900 to confirm. Bulls now need a close
above 98.015 to gain breathing room and above 98.060 to shift focus back to
98.110-130.

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