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(U0) Bulls Untroubled For......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U0) Bulls Untroubled For Now
*RES 3: 99.4850 - High Mar 10 and bull trigger
*RES 2: 99.3600 - High Apr 01
*RES 1: 99.2250 - High Apr 17
*PRICE: 99.0925 @ 16:20 BST, Jun 12
*SUP 1: 98.7800 - Low Mar 23
*SUP 2: 98.7210 - 61.8% March Sell-off
*SUP 3: 98.5700 - Low Mar 20
Aussie 10yr futures held the upper end of the recent range into the Friday
close, firming the bounce from the Jun08 low. Key resistance is located at
99.2250, the Apr 17 high. Clearance of this level would instead be bullish. To
the downside, having taken out key support at 99.0200, the Apr 9 low, bears now
target late March lows at 98.90 and the Fib support at 98.7210.

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