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(M9) Status Quo Once More.......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Status Quo Once More
*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: 98.550 @ 16:37 BST Apr 16
*SUP 1: 98.489 - 50-dma
*SUP 2: 98.482 - 23.6% Fib Retracement (97.775 - 98.700)
*SUP 3: 98.321 - 100-dma
The Tuesday session was particularly muted for Aussie 3yr futures, providing few
new technical clues for future direction after an outwardly negative weekly
close Friday. This keeps bears on the front foot this week, initially targeting
the 50-dma at 98.489 ahead of key Fib support at 98.482. Bulls need to recover
last week's best levels at 98.655 before even considering all time highs at
98.70.

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