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(U9) Bulls push higher still....>

AUSSIE 3-YEAR TECHS: (U9) Bulls push higher still
*RES 3: 99.007 - 1st Pivot Resistance (98.520-99.145)
*RES 2: 99.243 - 123.6% Fib Projection (98.730-99.145)
*RES 1: 99.145 - All Time High
*PRICE: 99.125 @ 16:07 BST Jun 20
*SUP 1: 98.997 - 23.6% Fib Retracement (98.520 - 99.145)
*SUP 2: 98.829 - 50-dma
*SUP 3: 98.645 - 100-dma
Powell's dovish Fed read bumped Aussie bond markets higher still Thursday,
prompting a fresh all time high for 3yr futures at the 99.145 level. Further
rallies eye 99.145 as the initial target, while those seeing the rally as
overstretched aim for support at 98.997. Next levels to the upside remain the
1st pivot resistance at 99.243. To shift the outlook negative, a retracement
below the 98.898 mark is needed, with further support located at the 100-dma at
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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