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(M9) Respects the Range *RES....>

AUSSIE 3-YEAR TECHS: (M9) Respects the Range
*RES 3: 99.104 - 123.6% Fib Projection (97.775-98.850)
*RES 2: 98.933 - 1st Pivot Resistance 98.520-98.850
*RES 1: 98.850 - All Time High
*PRICE: 98.780 @ 16:06 BST May 20
*SUP 1: 98.652 - 50-dma
*SUP 2: 98.596 - 23.6% Fib Retracement (97.775 - 98.850)
*SUP 3: 98.475 - 100-dma
Prices retreated slightly further from the all time highs printed May 16th, with
the somewhat surprising election results prompting some minor downside. The all
time high watermark still sits at 98.850, and bulls continue to hold court
despite the minor pullback. Pivot resistance is eyed at 98.933 as the first
target. Further gains, however, may not be so easily won without a further
retreat in the RSI, which continues to bump into oversold levels. To shift the
outlook negative, a retracement below the 98.573 mark is needed to weaken

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