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(U0) Weak *RES 3: 100.00 -......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U0) Weak
*RES 3: 100.00 - Handle Psychological Resistance
*RES 3: 99.840 - Range projection on a break of 99.780
*RES 1: 99.780 - High Apr 01 and bull trigger
*PRICE: 99.695 @ 16:09 BST Jun 04
*SUP 1: 99.690 - Low Mar 27
*SUP 2: 99.645 - Low Mar 20
*SUP 3: 99.580 - 100-dma
The short-end of the Aussie bond market held the lower-end of the recent range
Thursday. The contract continues to trade within a range that has been in place
since peaking at 99.780 on Apr 1. A break of this resistance is required to
confirm a resumption of the broader uptrend and open 99.840, the range
projection and the 100.00 psychological level further out. The base of the range
expanded lower at the futures roll, now sitting at 99.695 and marks the key
near-term support.

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