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(U0) Bulls Find Support *RES...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U0) Bulls Find Support
*RES 3: 99.3600 - High Apr 02
*RES 2: 99.2250 - High Apr 17
*RES 1: 99.1350 High Jun 29
*PRICE: 99.0900 @ 19:40 BST, Jul 03
*SUP 1: 99.0200 - Low Jul 2 and 3
*SUP 2: 98.9725 - 50.0% retracement of the Jun 8 - 29 rally
*SUP 3: 98.9342 - 61.8% retracement of the Jun 8 - 29 rally
Aussie 10yr futures recovered off last week's lows of 99.0200 and maintain a
more positive tone for now in line with the overall bullish trend. This keeps
the focus on initial key resistance at 99.1350, Jun 29 high where a break would
open 99.2250, Apr 17 high. On the downside, initial key key support has for now
been defined at 99.0200. A break of this level would expose a deeper decline
towards 98.9725, a Fibonacci retracement.

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