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(U0) Cracks Starting to Show...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U0) Cracks Starting to Show
*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: 98.9700 @ 16:21 BST, Jun 03
*SUP 1: 98.9700 - Low Jun 03
*SUP 2: 98.7800 - Low Mar 23
*SUP 3: 98.5700 - Low Mar 20
The roll pressured prices further Wednesday, which took out key support at
99.0200, the Apr 9 low. While roll changes will make prices and trends a little
unclear at present, it's clear cracks are beginning to show after a protracted
period of sideways trade. This opens 98.7800 initially, Mar 23 low. On the
upside, key resistance is located at 99.2250, the Apr 17 high. Clearance of this
level would instead be bullish.

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