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(H9) Continues to Correct.......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Continues to Correct Lower
*RES 3: 98.458 - 76.4% 98.700-97.675
*RES 2: 98.450 - High Nov 9 2016
*RES 1: 98.445 - 2019 High
*PRICE: 98.310 @ 16:12 GMT Feb 13
*SUP 1: 98.042 - 100-dma
*SUP 2: 97.753 - Trendline Support
*SUP 3: 97.727 - 50% 96.754-98.700
3yr futures retreated further Wednesday, holding below the 98.35 mark as global
equities and the AUD rallied. At present levels, this does little to diminish
the underlying bullish argument, with profit-taking rather than sentiment shift
likely behind the the moves. Bullish targets hold at 98.45 and 98.560, marking
the Nov9 2016 high and the Oct3 2016 respectively. For bears, a correction back
below the 98.20 level is required to accelerate any downtrend, opening support
at the 50- and 100-dmas at 98.201 and 98.042 respectively.

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