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(H0) Looking Very Toppy *RES...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H0) Looking Very Toppy
*RES 3: 99.4362 - 123.6% Fib projection of February Rally
*RES 2: 99.3305 - 3.0% Upper Bollinger Band
*RES 1: 99.3300 - High Feb 28 and Alltime High
*PRICE: 99.2500 @ 16:41 GMT, Feb 28
*SUP 1: 98.7150 - Low Jan 14 and key near-term support
*SUP 2: 98.5900 - Low Jan 3
*SUP 3: 98.5700 - Low Jan 2 and primary support
Aussie bonds were firm from the open, but swiftly moderated in the Monday
session, making the near-term chart look very toppy for now. Upside targets
remain at vol band resistance of 99.3305 and Fib projection levels at 99.4362.
To the downside, the initial focus is on 98.7150, Jan 14 low where a break is
required to signal a fresh round of stronger bearish pressure.

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