Free Trial

(M9) Status Quo *RES 3:.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M9) Status Quo
*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: 98.585 @ 14:38 BST Apr 22
*SUP 1: 98.497 - 50-dma
*SUP 2: 98.482 - 23.6% Fib Retracement (97.775 - 98.700)
*SUP 3: 98.334 - 100-dma
Aussie 3yr futures head into the coming week tilted slightly lower, but Monday
trade was well within the recent range. This keeps bears modestly on the front
foot, initially targeting the 50-dma at 98.497 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.

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.