(Z9) Fed provides little *RES...>

AUSSIE 3-YEAR TECHS: (Z9) Fed provides little

*RES 3: 99.410 - All Time High

*RES 2: 99.380 - Sep 2 High

*RES 1: 99.240 - 50-dma

*PRICE: 99.205 @ 18:12 GMT Sep 18

*SUP 1: 99.096 - 100-dma

*SUP 2: 99.070 - 38.2% Fib 98.520 - 99.410

*SUP 3: 99.024 - 23.6% 97.775 - 99.410

The Fed's decision to trim rates came and went with little market read-through

for Aussie bond futures, which continue their bounce off the 100-dma from Friday

last week. This shifts the outlook back to neutral, with the downtrend seemingly

weakening. A recovery back above the 50-dma is needed before the outlook turns

more positive, but the bias remains for further losses, with bears initially

targeting the 100-dma and 99.075.