Free Trial

(M2) Correction Extends


Late Session Rebound


(M2) Corrective Cycle Remains In Play


(M2) Gains Still Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(U1) Back to Neutral With Roll

  • RES 3: 99.860 - All time High Nov 3 and the bull trigger
  • RES 2: 99.657 - 50-dma
  • RES 1: 99.640 - High May 26
  • PRICE: 99.600 @ 14:04 BST May 31
  • SUP 1: 99.565 - Low May 19
  • SUP 2: 99.560 - Low Apr 27
  • SUP 3: 99.552 - 38.2% 2020 Rally

Aussie 3y futures are consolidating having extended the rally from May 21. The key development has been the rally through key resistance. With the roll to U1, however, prices have flipped back to neutral for now. Key short-term support has been defined at 99.565, May 19 low. A break would negate the longer-term developing bullish structure.

MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.