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(U9) Onus Remains Higher *RES...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) Onus Remains Higher
*RES 3: 99.097 - 1st Pivot Resistance 98.520-98.970
*RES 2: 99.076 - 123.6% Fib Projection (98.520-98.970)
*RES 1: 98.970 - All Time High
*PRICE: 98.925 @ 16:31 BST Jun 5
*SUP 1: 98.738 - 50-dma
*SUP 2: 98.684 - 23.6% Fib Retracement (97.775 - 98.965)
*SUP 3: 98.558 - 100-dma
3yr futures continue to keep pressure pointing higher, with the roll from Jun to
Sep contracts clouding the near-term outlook somewhat. Risk-off evident in lower
US equities and US yields helped buoy markets into the close, keeping pressure
on the 123.6% Fib projection at 99.076 and 1st pivot resistance at 99.097. To
shift the outlook negative, a retracement below the 98.650 mark is needed, with
further support located at the 100-dma at 98.558.

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