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(U18) New Contract High *RES....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U18) New Contract High
*RES 4: 98.190 - 50% Fib 98.700-97.675 (Continuation Chart) 
*RES 3: 98.110 - High Nov 30, 17 (Continuation Chart) 
*RES 2: 98.065 - High Dec 8, 17 (Continuation Chart)
*RES 1: 97.985 - Trendline resistance 
*PRICE: 97.955 @ 1748 GMT 
*SUP 1: 97.900 - Support
*SUP 2: 97.820 - Low July 24 
*SUP 3: 97.795 - High June 13 now support 
*SUP 4: 97.755 - Low June 11
After a risk-off fuelled gap higher at the open, Sep-18 3Y futures touched
contract highs up at 97.980. Despite the gap higher, bulls were unable to break
trendline resistance and the price faded back below Friday's highs. The
long-term range remains in tact on the continuation charts since February,
extending the 4 month ascending channel towards trendline resistance at 97.985.
Corrective setbacks should find support at 97.930.

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