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(Z18) Remains Wedged Between....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z18) Remains Wedged Between 100- and 200-dmas
*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: 97.875 @ 16:36 GMT, Oct 18
*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
After slipping throughout Asia-Pacific hours, prices recovered modestly during
European and US trade but did little to change the overall technical picture.
The base at 97.84 remains for now and keeps bulls in control, but to extend the
move higher, a close above 97.91 will be required, bringing the 50- and 100-dmas
at 97.930 and 97.901 into contention. To reignite negative momentum a break
below 97.84 will be required, eyeing trendline support kicks in at 97.753.

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