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(M9) Momentum Flags *RES 3:.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Momentum Flags
*RES 3: 99.011 - 123.6% Fib Projection (97.775-98.775)
*RES 2: 98.835 - 1st Pivot Resistance 98.520-98.775
*RES 1: 98.775 - All Time High
*PRICE: 98.715 @ 16:57 BST Apr 29
*SUP 1: 98.539 - 23.6% Fib Retracement (97.775 - 98.775)
*SUP 2: 98.536 - 50-dma
*SUP 3: 98.375 - 100-dma
Prices drifted lower Monday following a quiet end to the week Friday. This keeps
upside targets up at the 1st pivot resistance at 98.835 and the 123.6% Fib
projection at 99.011. Momentum obviously continues to point higher for now, but
any downside move may find support at the 50-dma at 98.529. Any fall through
here will dent the technical outlook and return sights to the April lows of
95.520.

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