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(Z18) Sticks To Range *RES 3:...>

AUSSIE 3-YEAR TECHS: (Z18) Sticks To Range
*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: 97.895 @ 16:34 GMT, Oct 16
*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
Repeating the pattern seen Monday, price action Tuesday provided few new signals
to alter the technical picture, retaining the key resistance at 97.84. To
reignite negative momentum a break below 97.84 will be required or, for bulls, a
break above 97.91 will trigger another leg higher. Bulls look to construct a
base around the 97.84 October low, bringing the 50- and 100-dmas at 97.930 and
97.901 into contention. A close above these levels will be needed to put bulls
back in control. Bears eye a fall back through the week's worst levels, eyeing
trendline support kicks in at 97.753.

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