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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free Access(U9) Equals ATH on Fed *RES.....>
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.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.