(U9) Remains Buoyant *RES 3:....>

AUSSIE 3-YEAR TECHS: (U9) Remains Buoyant

*RES 3: 99.343 - 1st Pivot Resistance (98.520-99.155)

*RES 2: 99.254 - 3% Upper Bollinger Band

*RES 1: 99.155/173 - All Time High/2% Bollinger Band

*PRICE: 99.140 @ 16:04 BST Jun 24

*SUP 1: 99.005 - 23.6% Fib Retracement (98.520 - 99.155)

*SUP 2: 98.852 - 50-dma

*SUP 3: 98.662 - 100-dma

Aussie bond markets held the bullish tone throughout the Monday session but

failed to make new highs. Nonetheless, the onus remains pointed higher, with

99.155 the initial target, while those seeing the rally as overstretched aim for

support at 99.005. Next levels to the upside remain the 1st pivot resistance at

99.243. To shift the outlook negative, a retracement below the 98.898 mark is

needed, with further support located at the 100-dma at 98.662.