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Markets Closed On Monday

AUSSIE 3-YEAR TECHS

(Z2) Ebbing Lower

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3 Stable Ratings Affirmed On Friday

ASIA

Coming up in the Asia-Pac session on Monday:

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(U2) Edging Closer to Key Support

AUSSIE 3-YEAR TECHS
  • RES 3: 98.350 - High Mar 3
  • RES 2: 97.975 - High Mar 16
  • RES 1: 97.530 - High Mar 31
  • PRICE: 96.930 @ 15:39 BST Aug 15
  • SUP 1: 96.610 - Low Jun 22
  • SUP 2: 96.382 - 3.0% Lower Bollinger Band
  • SUP 3: 95.920 - Low Jun 16

Aussie 3yr futures edged lower into the Friday close, before bouncing modestly across European hours. A key short-term support has been defined at 96.610, the Jul 22 low. The uptrend that started Jun 15, remains intact as long as price trades above 96.610. A resumption of gains would pave the way for strength towards 97.530, the Mar 31 high. On the downside, weakness below 96.610 would instead highlight a stronger reversal and a resumption of bearish activity.

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  • RES 3: 98.350 - High Mar 3
  • RES 2: 97.975 - High Mar 16
  • RES 1: 97.530 - High Mar 31
  • PRICE: 96.930 @ 15:39 BST Aug 15
  • SUP 1: 96.610 - Low Jun 22
  • SUP 2: 96.382 - 3.0% Lower Bollinger Band
  • SUP 3: 95.920 - Low Jun 16

Aussie 3yr futures edged lower into the Friday close, before bouncing modestly across European hours. A key short-term support has been defined at 96.610, the Jul 22 low. The uptrend that started Jun 15, remains intact as long as price trades above 96.610. A resumption of gains would pave the way for strength towards 97.530, the Mar 31 high. On the downside, weakness below 96.610 would instead highlight a stronger reversal and a resumption of bearish activity.