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(M0) Softer Within The Range....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M0) Softer Within The Range
*RES 3: 100.000 - Handle Psychological Resistance
*RES 3: 99.840 - Range projection on a break of 99.780
*RES 1: 99.780 - High Apr 01 and bull trigger
*PRICE: 99.735 @ 16:15 BST May 29
*SUP 1: 99.728 - Lower 2% Bollinger Band
*SUP 2: 99.720 - Low Apr 14 / 15
*SUP 3: 99.645 - Low Mar 20
The short-end of the Aussie bond market has pulled back from recent highs. The
contract continues to trade within a range that has been in place since peaking
at 99.780 on Apr 1. A break of this resistance is required to confirm a
resumption of the broader uptrend and open 99.840, the range projection and the
100.00 psychological level further out. The base of the range at 99.720, low Apr
14/15 and marks the key near-term support.

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