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(U9) Equals ATH on Fed *RES.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) Equals ATH on Fed
*RES 3: 99.257 - 1st Pivot Resistance (98.520-99.080)
*RES 2: 99.163 - 123.6% Fib Projection (98.730-99.080)
*RES 1: 99.080 - All Time High
*PRICE: 99.070 @ 19:23 BST Jun 19
*SUP 1: 98.948 - 23.6% Fib Retracement (98.520 - 99.080)
*SUP 2: 98.818 - 50-dma
*SUP 3: 98.636 - 100-dma
A dovish read on the Fed's rate decision and Summary of Economic Projections
tipped Aussie 3yr futures to equal all time highs at 99.080, once again keeping
bulls on the front foot. Further rallies eye 99.163 as the initial target, while
those seeing the rally as overstretched aim for support at 98.948. Next levels
to the upside remain the 1st pivot resistance at 99.257. To shift the outlook
negative, a retracement below the 98.898 mark is needed, with further support
located at the 100-dma at 98.628.

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