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(H0) Tips Higher *RES 3:.......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H0) Tips Higher
*RES 3: 99.2498 - 123.6% Fib projection of January Rally
*RES 2: 99.2268 - 3.0% Upper Bollinger Band
*RES 1: 99.1800 - High Feb 27 and Alltime High
*PRICE: 99.0900 @ 16:51 GMT, Feb 27
*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
After flatlining for much of last week, Aussie bonds had a decent momentum
injection last week, which has carried through to hit alltime highs Thursday.
Upside targets now rest at Fib projections of 99.2498 in the medium-term, but
vol band resistance lies just ahead at 99.2268. 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. 98.8600 is a key downside risk parameter.

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