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(Z17) Key Resistance Capping ...>

AUSSIE 3-YEAR TECHS: (Z17) Key Resistance Capping 
*RES 4: 97.963 - 55-DMA 
*RES 3: 97.943 - Daily Bear channel top 
*RES 2: 97.935 - Hourly resistance Sept 14 
*RES 1: 97.880 - Low Sept 14 now resistance
*PRICE: 97.860 @ 2000GMT
*SUP 1: 97.830 - Alternating hourly support/resistance 
*SUP 2: 97.780 - Low Sept 28 & Oct 2 
*SUP 3: 97.760 - Hourly resistance Sept 21 now support 
*SUP 4: 97.720 - 2017 Low Sept 20
*COMMENTARY: The failure to manage the break below 97.760 required to retest
2017 lows and focus on the bear channel base sees pressure back on the 97.880
resistance. Bulls need a close above 97.880 to target 97.935-963 where the
55-DMA and the bear channel top are located. Initial support is noted at 97.830
with bears needing a close below to ease pressure on key resistance layers and
maintain focus on 2017 lows.

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