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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: 99.1150 @ 16:16 BST, Jun 19
*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 head into the Friday close right in the middle of the recent
range. This keeps the bounce from the Jun08 low firm for now. 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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