(U9) Reverses early weakness...>

AUSSIE 10-YEAR TECHS: (U9) Reverses early weakness

*RES 3: 99.7833 - 1st Pivot Resistance (97.1900 - 99.1700)

*RES 2: 99.1707 - 3.0% Upper Bollinger Band

*RES 1: 99.1700 - All Time Highs

*PRICE: 99.1000 @ 15:12 GMT, Sep 3

*SUP 1: 98.8621 - 50-dma

*SUP 2: 98.5250 - July low

*SUP 3: 97.9950 - Apr18 Low

Aussie 10-year futures were sold further headed into the Tuesday session, with

bullish fatigue becoming more evident. This trend was somewhat reversed ahead of

the close, however, as dismal US data underpinned a US Treasury rally. Once this

support ebbs, Aussie bond futures look likely to resume their negative trend,

first targeting the vol band support at 99.0137 ahead of late August lows at

99.00. For bulls to wrestle the mantle, 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.