(U9) Strong start to the week...>

AUSSIE 3-YEAR TECHS: (U9) Strong start to the week

*RES 3: 99.450 - 1st Pivot Resistance (98.520-99.225)

*RES 2: 99.255 - 3% Upper Bollinger Band

*RES 1: 99.225 - All Time High

*PRICE: 99.210 @ 15:30 GMT Jul 29

*SUP 1: 99.143 - 38.2% Fib Retracement (99.010 - 99.225)

*SUP 2: 99.041 - 50-dma

*SUP 3: 98.847 - 100-dma

3-year futures started the week with a bang, hitting fresh all time highs up at

99.225. Markets kept pressure pointing higher throughout the session, working

further in favour of bulls. This keeps upside targets high, with little

resistance seen until 99.450. This further puts paid to the sell-rallies theme

that had been prevalent over the past fortnight, returning focus to the upside.

For the outlook to weaken, markets need to take out the 50-dma at 99.041 after

key Fib support at 99.143.