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(U9) RBA saps strength *RES....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) RBA saps strength
*RES 3: 99.7833 - 1st Pivot Resistance (97.1900 - 99.1700)
*RES 2: 99.1623 - 3.0% Upper Bollinger Band
*RES 1: 99.1700 - All Time Highs
*PRICE: 99.0500 @ 15:12 GMT, Sep 4
*SUP 1: 98.8694 - 50-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
Aussie 10-year futures were sold further Wednesday, bringing the recent lows of
99.00 into contention. This adds to the argument that bulls are becoming
increasingly fatigued, turning focus to the 50-dma at 98.8694. For bulls to
garner the upper hand again, recent highs up at 99.14 remain the near-term
target and first hurdle. 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.

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