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(U9) Still creeping higher......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) Still creeping higher
*RES 3: 99.257 - 1st Pivot Resistance (98.520-99.080)
*RES 2: 99.163 - 123.6% Fib Projection (98.730-99.080)
*RES 1: 99.080 - All Time High
*PRICE: 99.065 @ 16:20 BST Jun 18
*SUP 1: 98.948 - 23.6% Fib Retracement (98.520 - 99.080)
*SUP 2: 98.809 - 50-dma
*SUP 3: 98.628 - 100-dma
Aussie 3yr futures again touched contract highs Tuesday, receiving a boost from
both dovish RBA minutes and yet another global bond rally. The outlook remains
wholly dependent on the Fed Wednesday, with bulls eyeing fresh highs while those
seeing the rally as overstretched aim for support at 98.948. Next levels to the
upside remain at the 123.6% Fib projection at 99.163 and 1st pivot resistance at
99.257. To shift the outlook negative, a retracement below the 98.898 mark is
needed, with further support located at the 100-dma at 98.628.

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