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(Z8) Bullish Move Looks.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z8) Bullish Move Looks Fatigued
*RES 3: 98.192 - Up Trendline
*RES 2: 98.190 - 50% Fib 98.700-97.675
*RES 1: 98.110 - High Nov 30, 17
*PRICE: 98.035 @ 16:12 GMT, Dec 11
*SUP 1: 97.764 - 76.4% 97.675-98.050
*SUP 2: 97.753 - Trendline Support
*SUP 3: 97.727 - 50% 96.754-98.700
3y futures had an impressive bull run in the opening session of December, but
signs are starting to show that bullish momentum may be beginning to crack.
Prices retreated throughout the Asia-Pac session and failed to benefit from a
recovery in the US equivalent, leaving the outlook largely neutral for now.
98.10 remains the high watermark, just shy of the Nov30 2017 highs at 98.11
which become the first resistance level. The 97.872 200-dma remains firm support
with pullbacks shallow for now. For bears, the downside target remains at
97.764, the 76.4% retracement of the 97.675-98.050 move.

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