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(U9) Momentum falters *RES 3:...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) Momentum falters
*RES 3: 99.697 - 1st Pivot Resistance (98.520-99.410)
*RES 2: 99.507 - 3% Upper Bollinger Band
*RES 1: 99.410 - All Time High
*PRICE: 99.325 @ 14:22 GMT Aug 8
*SUP 1: 99.257 - 38.2% Fib Retracement (99.010 - 99.410)
*SUP 2: 99.108 - 50-dma
*SUP 3: 98.910 - 100-dma
Having hit all time highs at 99.410 on Wednesday, momentum faltered somewhat in
a much quieter Thursday session. A more prolonged pause in the recent rally
looks the most likely outcome from here, with decent resistance layered above at
the 3% upper Bollinger Band. For the outlook to weaken, markets need to take out
the 50-dma at 99.108 after key Fib support at 99.257.

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