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(M9) Stands Pat *RES 3:.........>

AUSSIE 3-YEAR TECHS: (M9) Stands Pat
*RES 3: 99.011 - 123.6% Fib Projection (97.775-98.775)
*RES 2: 98.835 - 1st Pivot Resistance 98.520-98.775
*RES 1: 98.780 - All Time High
*PRICE: 98.725 @ 17:22 BST May 3
*SUP 1: 98.539 - 23.6% Fib Retracement (97.775 - 98.775)
*SUP 2: 98.561 - 50-dma
*SUP 3: 98.395 - 100-dma
Aussie bond futures went nowhere Friday, keeping the technical picture unchanged
for now. Bulls retain upside targets at the 1st pivot resistance at 98.835 and
the 123.6% Fib projection at 99.011. Momentum obviously continues to point
higher for now, but any downside move may find support at the 50-dma at 98.561.
Any fall through here will dent the technical outlook and return sights to the
April lows of 95.520.

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