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(M9) Hits Pause *RES 3:.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Hits Pause
*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: 98.605 @ 15:51 BST Apr4
*SUP 1: 98.482 - 23.6% Fib Retracement (97.775 - 98.700)
*SUP 2: 98.441 - 50-dma
*SUP 3: 98.262 - 100-dma
After a poor couple of sessions at the beginning of the week, Aussie bond
futures hit pause on Thursday, providing few fresh clues to the near-term
technical picture. Upside momentum continues to drain following the recent
rally, making another test on alltime highs of 98.70 more challenging. Bulls
need to recover that mark to initially target 1st pivot resistance at 98.813 and
the 98.918 Fib projection. First support kicks in at 98.482, with the 50-dma
underpinning at 98.441.

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