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(U0) Fading *RES 3: 99.3600....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U0) Fading
*RES 3: 99.3600 - High Apr 02
*RES 2: 99.2250 - High Apr 17
*RES 1: 99.1400 High Jul 10
*PRICE: 99.0900 @ 16:59 BST, Jul 14
*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 started the week poorly, but remain inside recent ranges and
are yet to test any key support levels. 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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