(U9) Pullback remains shallow...>

AUSSIE 3-YEAR TECHS: (U9) Pullback remains shallow

*RES 3: 99.243 - 1st Pivot Resistance (98.520-99.070)

*RES 2: 99.150 - 123.6% Fib Projection (98.730-99.070)

*RES 1: 99.070 - All Time High

*PRICE: 99.010 @ 15:52 BST Jun 17

*SUP 1: 98.940 - 23.6% Fib Retracement (98.520 - 99.070)

*SUP 2: 98.799 - 50-dma

*SUP 3: 98.620 - 100-dma

Aussie 3yr futures failed to print fresh cycle highs Monday, but the pullback

remains shallow for now. The outlook now seems wholly dependent on the Fed

Wednesday, with bulls eyeing fresh highs while those seeing the rally as

overstretched aim for support at 98.94. Next levels to the upside remain at the

123.6% Fib projection at 99.150 and 1st pivot resistance at 99.243. To shift the

outlook negative, a retracement below the 98.898 mark is needed, with further

support located at the 100-dma at 98.613.