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(Z18) Progress Slows *RES 3:....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z18) Progress Slows
*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: 97.940 @ 16:31 GMT, Oct 30
*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
Prices held well toward the upper end of the recent range despite recent
consolidation, keeping the technical picture in favour of the bulls in all but
momentum. Recent highs printed in early September at 98.05 keep focus, sitting
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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