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(U0) Key Supports Remain.......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U0) Key Supports Remain Intact
*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: 99.0650 @ 16:22 BST, Jun 01
*SUP 1: 99.0200 - Low Apr 9
*SUP 2: 98.7800 - Low Mar 23
*SUP 3: 98.5700 - Low Mar 20
The roll resulted in lower prices early Monday. Key support remains at 99.0200,
Apr 9 low where a break is still required to confirm a near-term bearish
outlook. The lower peaks since Apr 2 suggest futures are likely to break the
support eventually. This would open 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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