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(Z18) Foot Still On The Gas.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z18) Foot Still On The Gas
*RES 3: 98.110 - High Nov 30, 17 (Continuation Chart)
*RES 2: 98.092 - 61.8% 98.350-97.675 (Continuation Chart)
*RES 1: 98.067 - 38.2% 98.700-97.675
*PRICE: 97.965 @ 17:33 GMT, Oct 29
*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
Despite prices holding within the recent range, the broader technical picture
remains positive, keeping the upside focus on recent highs printed in early
September at 98.05. This sits just below key Fibo resistance at 98.067. As such,
Bulls remain in control after the recent breakout, with the rally Monday topping
out at 97.98. The close above the 97.923 level, which triggered the rally,
continue to work in the bulls' favour and to reignite negative momentum, bears
need a break below 97.86 would eye trendline support at 97.753.

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