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(Z18) Bulls Look For............>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z18) Bulls Look For Confirmation
*RES 4: 98.190 - 50% Fib 98.700-97.675 (Continuation Chart)
*RES 3: 98.110 - High Nov 30, 17 (Continuation Chart)
*RES 2: 98.092 - 61.8% 98.350-97.675 (Continuation Chart)
*RES 1: 97.955 - 61.8% 98.050-97.800 (Continuation Chart)
*PRICE: 97.930 @ 16:42 GMT, Oct 24
*SUP 1: 97.795 - High June 11/13 now support
*SUP 2: 97.753 - Trendline Support
*SUP 3: 97.727 - 50% 96.754-98.700
*SUP 4: 97.719 - June low
Bulls remain in control after the breakout in prices earlier in the week,
finally cracking out of the tight trading range between the 100- and 200-dmas.
The close above the 97.923 level appears constructive and shifts the upside
target higher, to 97.95 and 98.11 beyond that. To reignite negative momentum a
break below 97.86 would eye trendline support at 97.753.

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