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(Z0) Bullish Outlook Firming Further

AUSSIE 3-YEAR TECHS
  • RES 3: 99.780 - Alltime High Apr 1
  • RES 2: 99.770 - 3.0% Upper Bollinger Band
  • RES 1: 99.750 - High Sep 22
  • PRICE: 99.735 @ 15:21 BST Sep 22
  • SUP 1: 99.675 - Low Sep 7 and key support
  • SUP 2: 99.665 - Low Sep 2
  • SUP 3: 99.660 - Low Aug 28 and 31 and low Sep 1

Prices inched to new highs Tuesday, peeping above last week's high of 99.745. Volatile price action remains the theme for now. This opens the alltime high at 99.780 printed back in April as a viable target. 99.675 remains key S/T support. Weakness below 99.675 is required to dampen the current bullish sentiment.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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