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(M9) Approaching Fib Support....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Approaching Fib Support
*RES 3: 98.918 - 123.6% Fib Projection (97.775-98.700)
*RES 2: 98.813 - 1st Pivot Resistance 98.270-98.700
*RES 1: 98.700 - 2019/All Time High
*PRICE: 98.530 @ 16:17 BST Apr 12
*SUP 1: 98.482 - 23.6% Fib Retracement (97.775 - 98.700)
*SUP 2: 98.479 - 50-dma
*SUP 3: 98.307 - 100-dma
After several sessions of neutrality this week, bears took control Friday,
following global bond markets lower and prompting Aussie 3 futures to shed well
over 10 ticks from the week's best levels. This puts bears on the front foot
from Monday, targeting key Fib support at 98.482 as well as the 50-dma at
48.479. Bulls need to recover the week's best levels at 98.655 before even
considering all time highs at 98.70.

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