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(U9) Maintains bounce *RES 3:...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) Maintains bounce
*RES 3: 99.343 - 1st Pivot Resistance (98.520-99.155)
*RES 2: 99.169 - 3% Upper Bollinger Band
*RES 1: 99.140/155 - 2% Bollinger Band & All Time High
*PRICE: 99.085 @ 15:05 GMT Jul 18
*SUP 1: 99.005 - 23.6% Fib Retracement (98.520 - 99.155)
*SUP 2: 98.990 - 50-dma
*SUP 3: 98.795 - 100-dma
3yr futures still look slightly healthier after bouncing off support at the
lower 2% Bollinger Band earlier this week, strengthening this level as key
support for bears to break going forward. Markets have been in sell-rallies mode
of late, leaving the recovery since the beginning of the week in question until
prices move north of 99.1150. Below the 3% Bollinger band support, bears eye
99.005, the 23.6% Fib retracement. Any fall through here opens the 50-dma, which
would sharply weaken the medium-term outlook after looking so positive just a
few weeks ago.

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