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(M0) Still Elevated *RES 3:....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M0) 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: 99.2450 @ 16:47 GMT, Mar 5
*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 at the beginning of the week, but swiftly moderated once
more after the RBA and Fed 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.

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