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Free Access(M9) Further Highs Too Much.....>
AUSSIE 3-YEAR TECHS: (M9) Further Highs Too Much For Now
*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: 98.600 @ 15:18 GMT Apr1
*SUP 1: 98.482 - 23.6% Fib Retracement (97.775 - 98.700)
*SUP 2: 98.419 - 50-dma
*SUP 3: 98.238 - 100-dma
3yr futures prices retreated further Monday in what's likely a healthy
correction before alltime highs are tested once more. Bulls need to recover
above the week's highs of 98.70 to initially target 1st pivot resistance at
98.813 and the 98.918 Fib projection. First support kicks in at the 98.482 mark,
with the 50-dma underpinning at 98.419.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.