(H0) Still Elevated *RES 3:....>

AUSSIE 10-YEAR TECHS: (H0) Still Elevated

*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: 99.2400 @ 16:45 GMT, Mar 3

*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 once more after the

RBA rate cut effect was short-lived. 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.