Free Trial

(M9) Stands Pat *RES 3:.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Stands Pat
*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: 98.655 @ 15:44 GMT Mar29
*SUP 1: 98.482 - 23.6% Fib Retracement (97.775 - 98.700)
*SUP 2: 98.402 - 50-dma
*SUP 3: 98.222 - 100-dma
Friday was easily the quietest session of the week for Aussie bond markets, with
prices holding within a particularly tight range and thereby providing little
new technical signals for future price action. Bulls need to recover above the
week's highs of 98.70 to initially target 1st pivot resistance at 98.813 and the
98.918 Fib projection. First support kicks in at the 98.482 mark, with the
50-dma underpinning at 98.402.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.