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(U9) Holding gains well *RES....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) Holding gains well
*RES 3: 99.450 - 1st Pivot Resistance (98.520-99.225)
*RES 2: 99.255 - 3% Upper Bollinger Band
*RES 1: 99.225 - All Time High
*PRICE: 99.205 @ 15:12 GMT Jul 30
*SUP 1: 99.143 - 38.2% Fib Retracement (99.010 - 99.225)
*SUP 2: 99.049 - 50-dma
*SUP 3: 98.854 - 100-dma
3-year futures started the week with a bang, hitting fresh all time highs up at
99.225. Markets are generally holding these gains Tuesday, although there's an
element of sticking to the sidelines ahead of the Fed very present. This keeps
upside targets high, with little resistance seen until 99.450. This further puts
paid to the sell-rallies theme that had been prevalent over the past fortnight,
returning focus to the upside. For the outlook to weaken, markets need to take
out the 50-dma at 99.041 after key Fib support at 99.143.

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