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(Z17) Topside Hesitation........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z17) Topside Hesitation Continues 
*RES 4: 98.167 - 100-WMA 
*RES 3: 98.130 - Low June 20 now resistance 
*RES 2: 98.090 - Monthly Highs Aug 4 & 11 
*RES 1: 98.080 - Repeated Daily highs Nov
*PRICE: 98.040 @ 2030GMT
*SUP 1: 98.020 - Low Nov 16 & 17 
*SUP 2: 98.009 - 21-DMA 
*SUP 3: 97.965 - 100-DMA 
*SUP 4: 97.960 - Low Nov 1
*COMMENTARY: Hesitation ahead of the 98.090 resistance is less than ideal for
bulls with a close above needed to reconfirm focus on 98.130-167 where the
100-WMA is situated. Initial support is noted at 98.020 with bears needing a
close below to ease bullish pressure. Below the 97.960 support is then needed to
confirm breaks of 21 & 100-DMAs with immediate pressure then shifting to
97.900-922 where the 55-DMA is noted.

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