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(M9) Stalls Below Cycle Highs...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Stalls Below Cycle Highs
*RES 3: 98.881 - 123.6% Fib Projection (97.775-98.670)
*RES 2: 98.787 - 1st Pivot Resistance 98.270-98.670
*RES 1: 98.670 - 2019 High
*PRICE: 98.640 @ 15:35 GMT Mar26
*SUP 1: 98.370 - 50-dma
*SUP 3: 97.270 - Mar4 Low
*SUP 2: 98.196 - 100-dma
Tuesday trade was inconsequential, leaving both the bullish and bearish targets
intact for now. Having comfortably broken and closed above uptrendline
resistance in mid-March, 3yr futures continue to look firm over the medium-term,
with historical resistance levels now entirely absent above 98.670. This
switches focus to the 1st pivot resistance line kicking in at 98.787 ahead of
the 123.6% Fib projection at 98.881. 50-dma developments continue to look
bullish, with first support kicking in at 98.370. Any fall below here opens Mar4
lows at 98.27.

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