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(H9) Focus Remains Lower *RES...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Focus Remains Lower
*RES 4: 98.560 - Oct3 2016 High
*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 @ 15:50 GMT Feb 18
*SUP 1: 98.220 - 50-dma
*SUP 2: 98.056 - 100-dma
*SUP 3: 97.727 - 50% 96.754-98.700
*SUP 4: 97.719 - June low
After a brief spill higher on Thursday last week, Aussie 3yr futures resumed
their downtrend Friday, spilling through to the Monday session, setting bears up
nicely for a test on 98-30. A fall through here would open the 50-dma at 98.220
ahead of the 98.00 handle. Should bulls regain some fervour from Monday, upside
targets hold at 98.45 and 98.560, marking the Nov9 2016 high and the Oct3 2016
respectively.

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