(U9) Fails to pick up global....>

AUSSIE 3-YEAR TECHS: (U9) Fails to pick up global cues

*RES 3: 99.697 - 1st Pivot Resistance (98.520-99.410)

*RES 2: 99.381 - 3% Upper Bollinger Band

*RES 1: 99.410 - All Time High

*PRICE: 99.315 @ 15:01 GMT Sep 3

*SUP 1: 99.257 - 38.2% Fib Retracement (99.010 - 99.410)

*SUP 2: 99.213 - 50-dma

*SUP 3: 99.057 - 100-dma

Despite strength in other global fixed income markets Tuesday, Aussie bond

futures failed to follow suit after the RBA kept rates unchanged. This keeps 3yr

futures consolidating around last week's lows, keeping the short term outlook

largely neutral. The recent print up at 99.39 last week, however, does keep

bulls on the front foot over the medium-term, with a slip below the 99.257

support needed to turn the outlook more bearish. A break all time highs at

99.410 on August 8 is still on the cards, with potential to extend the major

uptrend.