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

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Presses Pause
*RES 3: 99.007 - 1st Pivot Resistance 98.520-98.850
*RES 2: 98.983 - 123.6% Fib Projection (98.520-98.895)
*RES 1: 98.920 - All Time High
*PRICE: 98.870 @ 16:11 BST May 30
*SUP 1: 98.711 - 50-dma
*SUP 2: 98.650 - 23.6% Fib Retracement (97.775 - 98.920)
*SUP 3: 98.528 - 100-dma
Aussie bond futures remain below all time highs, but hold at elevated levels,
keeping the bullish trend intact for now. 1st pivot resistance is eyed at 98.983
as the medium target, with 99.007 providing some resistance above that mark.
Bulls may have trouble pushing prices to further highs going forward, with
technical indicators continuing to generate overbought conditions. To shift the
outlook negative, a retracement below the 98.650 mark is needed, further support
is located at 98.528 from the 100-dma.

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