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(H9) Quiet Week Gets Quieter....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Quiet Week Gets Quieter
*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: 98.225 @ 16:13GMT Jan17
*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
Thursday followed the theme of the week in having a quiet session, with attempts
to lift 3yr futures through the week's best levels faltering after touching
98.25. As such, further bullish momentum will be required before the recent
multi-year highs of 98.370 can be considered. 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. The 50-dma remains firm support at 98.036,
below here opens the 76.4% retracement of the 97.675-98.285 move at 97.830.

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