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(U9) Familiar territory *RES...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Familiar territory
*RES 3: 99.7833 - 1st Pivot Resistance (97.1900 - 99.1700)
*RES 2: 99.1680 - 3.0% Upper Bollinger Band
*RES 1: 99.1700 - All Time Highs
*PRICE: 99.0600 @ 15:07 GMT, Sep 2
*SUP 1: 98.8546 - 50-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
Fatigue amongst bulls set in at the tail-end of last week and that remains the
case Monday, with prices fading further. Aussie 10-yr futures printed lower
highs for a fourth session, but bulls look relatively comfortable until markets
break late August support at 99.00. Recent highs up at 99.14 remain the
near-term target and first hurdle for bulls. A break north of here would open
the all time best levels at 99.17, but upside momentum will need to pick up
before this can be taken too seriously. Nearby support remains at the 50-dma at
98.8546.

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