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(H3) Fresh Multi-Month Low

AUSSIE 3-YEAR TECHS
  • RES 3: 97.530 - High Mar 31 (cont)
  • RES 2: 97.295 - High Aug 3 (cont)
  • RES 1: 97.040 - High Jan 19
  • PRICE: 96.340 @ 13:51 GMT Feb 22
  • SUP 1: 96.280 - Low Feb 22
  • SUP 2: 96.070 - Low Sep 27 and bear trigger (cont)
  • SUP 3: 95.960 - Low Jun 17 (cont)

The recovery across Aussie 3yr futures continues to fade, with the onus remaining lower for now. Markets printed a fresh pullback low at 96.280 Wednesday. Any further weakness will signal scope for a decline towards 96.070, the Sep 27 low on the continuation chart. This level is a key support and bear trigger. To the upside, last week’s highs at 97.020 provide the first resistance ahead of 97.090.

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  • RES 3: 97.530 - High Mar 31 (cont)
  • RES 2: 97.295 - High Aug 3 (cont)
  • RES 1: 97.040 - High Jan 19
  • PRICE: 96.340 @ 13:51 GMT Feb 22
  • SUP 1: 96.280 - Low Feb 22
  • SUP 2: 96.070 - Low Sep 27 and bear trigger (cont)
  • SUP 3: 95.960 - Low Jun 17 (cont)

The recovery across Aussie 3yr futures continues to fade, with the onus remaining lower for now. Markets printed a fresh pullback low at 96.280 Wednesday. Any further weakness will signal scope for a decline towards 96.070, the Sep 27 low on the continuation chart. This level is a key support and bear trigger. To the upside, last week’s highs at 97.020 provide the first resistance ahead of 97.090.