ANZ is expected to report its FY18 result on 31 October.
The share price has now broken the June low support area and looks vulnerable to more downside pressure.
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NAB is scheduled to report its FY18 result on the 1st of November. The next downside target is near the $24.00 area.
Vaneck Vestors Australian Bank ETF has been under ALGO Engine sell conditions since early July. The sell-off so far represents a 20% correction.
