(U9) Sold swiftly on opening....>

AUSSIE 3-YEAR TECHS: (U9) Sold swiftly on opening gap

*RES 3: 99.697 - 1st Pivot Resistance (98.520-99.410)

*RES 2: 99.456 - 3% Upper Bollinger Band

*RES 1: 99.410 - All Time High

*PRICE: 99.305 @ 14:16 GMT Aug 26

*SUP 1: 99.257 - 38.2% Fib Retracement (99.010 - 99.410)

*SUP 2: 99.190 - 50-dma

*SUP 3: 98.995 - 100-dma

Aussie 3y bond futures successfully gapped higher at the open before staging a

decent retreat alongside other global bond markets. Nonetheless, the print up at

99.39 keeps bulls on the front foot for now after a period of consolidation. A

break all time highs at 99.410 on August 8 is still on the cards, with potential

to extend the major uptrend. Near-term support is at 99.257. A break below here

(Fib support), and the 50-dma at 99.190 would weaken the outlook.