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(H9) Ends Week On a Bum Note....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Ends Week On a Bum Note
*RES 3: 98.458 - 76.4% 98.700-97.675
*RES 2: 98.450 - High Nov 9 2016
*RES 1: 98.370 - Jan3 2019 High
*PRICE: 98.190 @ 16:20 GMT Jan18
*SUP 1: 97.948/830 - 100-dma/76.4% 97.675-98.285
*SUP 2: 97.753 - Trendline Support
*SUP 3: 97.727 - 50% 96.754-98.700
After trading in a very tight range this week, Aussie 3yr futures finished
poorly Friday, setting bears up nicely for Monday's open. 98.145 becomes the
initial target before 98.043, the 50-dma. Further bullish momentum will be
required to tilt the outlook more positive, which would initially set sights on
the recent multi-year highs of 98.370. Nonetheless, the medium- to longer-term
trend remains bullish. A recovery and close back above 98.37 would open the Nov
9 high 2016 at 98.450.

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