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(U9) Sideways *RES 3: 99.697....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) Sideways
*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: 99.315 @ 15:57 GMT Aug 29
*SUP 1: 99.257 - 38.2% Fib Retracement (99.010 - 99.410)
*SUP 2: 99.202 - 50-dma
*SUP 3: 98.016 - 100-dma
After inching higher in Asia-Pacific hours, Aussie 3yr futures retreated back
into familiar territory ahead of the close. Having gapped higher at the open
this week, markets quickly sold off the gains and that remains the case for the
final session of the week, keeping the short-term outlook more neutral. The
print up at 99.39 this 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.

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