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(U0) Tepid Bounce *RES 3:......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U0) Tepid Bounce
*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: 98.9425 @ 16:21 BST, Jun 09
*SUP 1: 98.7800 - Low Mar 23
*SUP 2: 98.7210 - 61.8% March Sell-off
*SUP 3: 98.5700 - Low Mar 20
The outlook remains weak despite a modest intraday bounce Tuesday. 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. 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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