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(U9) More muted *RES 3:.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (U9) More muted
*RES 3: 99.697 - 1st Pivot Resistance (98.520-99.410)
*RES 2: 99.540 - 3% Upper Bollinger Band
*RES 1: 99.410 - All Time High
*PRICE: 99.335 @ 13:56 GMT Aug 15
*SUP 1: 99.257 - 38.2% Fib Retracement (99.010 - 99.410)
*SUP 2: 99.148 - 50-dma
*SUP 3: 98.946 - 100-dma
Aussie bond futures took a much-needed breather Thursday, respecting the recent
range and doing little to change the technical picture. Having hit all time
highs at 99.410 last week, corrective pullbacks are still the theme, with
markets eyeing near-term support at 99.257. A more prolonged pause in the
uptrend looks the most likely outcome from here, with decent resistance layered
above at the 3% upper Bollinger Band. For the outlook to weaken, markets need to
clear Fib support at 99.257, ahead of the 50-dma at 99.148.

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