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(M0) New Normal *RES 3:.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M0) New Normal
*RES 3: 100.000 - Handle Psychological Resistance
*RES 3: 99.951 - 123.6% Fib Projection
*RES 1: 99.780 - High Apr 01
*PRICE: 99.745 @ 16:28 BST May 6
*SUP 1: 99.440 - Low Mar 16
*SUP 2: 99.300 - Recent low (cont)
*SUP 3: 99.225 - Low Feb 6 and 13 (cont)
Aussie bond markets hold close to alltime highs following the RBA's venture into
bond markets which is clearly still propping up prices. The chart has now begun
to look overbought and a period of consolidation is now the most likely outcome.
A break of the Mar 16 low would trigger deeper short-term losses and open the
99.300 level, a recent low of the continuation chart.

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