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(Z9) Fib Support Under..........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z9) Fib Support Under Pressure
*RES 3: 99.611 - 3.0% Upper Bollinger Band
*RES 2: 99.551 - 23.6% Extension of Sep 16 - Oct 7
*RES 1: 99.460 - All Time High
*PRICE: 99.375 @ 14:50 GMT Oct 10
*SUP 1: 99.369 - 23.6% Sep 16 - Oct 7
*SUP 2: 99.316 - 50-dma
*SUP 3: 99.238 - 23.6% Apr 15 - Oct 7
Aussie 3yr futures inched lower Thursday, erasing some of the modest strength
seen in the early half of the week. This looks to close out any strength seen
since the RBA rate cut last week as bullish fatigue fully sets in. Vol band
resistance at 99.611 and Fib extensions at 99.551 remain the first targets. The
50-dma holds as support, which bears will need to close below before the outlook
deteriorates. For now, bulls are in control.

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