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(U9) All time highs ahead of....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) All time highs ahead of RBA
*RES 3: 99.623 - 1st Pivot Resistance (98.520-99.355)
*RES 2: 99.429 - 3% Upper Bollinger Band
*RES 1: 99.355 - All Time High
*PRICE: 99.340 @ 15:08 GMT Aug 5
*SUP 1: 99.223 - 38.2% Fib Retracement (99.010 - 99.355)
*SUP 2: 99.082 - 50-dma
*SUP 3: 98.886 - 100-dma
Aussie 3-yr futures started the week well as the global risk environment
deteriorated further, with focus turning to the looming RBA rate decision. New
all time highs up at 99.355 keep bulls on the front foot, keeping upside targets
looking particularly lofty at 99.429 and 99.623. The move's sustainability still
lies on the RBA's shoulders, with the recent CPI numbers calling the outlook
into question. For the outlook to weaken, markets need to take out the 50-dma at
99.082 after key Fib support at 99.223.

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