(U9) Price action muted *RES....>

AUSSIE 3-YEAR TECHS: (U9) Price action muted

*RES 3: 99.697 - 1st Pivot Resistance (98.520-99.410)

*RES 2: 99.387 - 3% Upper Bollinger Band

*RES 1: 99.410 - All Time High

*PRICE: 99.305 @ 15:03 GMT Sep 2

*SUP 1: 99.257 - 38.2% Fib Retracement (99.010 - 99.410)

*SUP 2: 99.210 - 50-dma

*SUP 3: 98.050 - 100-dma

After a quiet end to the week, Monday trade saw familiar price action, with 3yr

futures consolidating around last week's lows. This keeps the short term outlook

largely neutral, but the print up at 99.39 last week keeps bulls on the front

foot over the medium-term, with a slip below the 99.257 support needed to turn

the outlook more bearish. A break all time highs at 99.410 on August 8 is still

on the cards, with potential to extend the major uptrend.