(Z9) 50-dma proves worth.......>

AUSSIE 10-YEAR TECHS: (Z9) 50-dma proves worth

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

*RES 2: 99.2233 - 3.0% Upper Bollinger Band

*RES 1: 99.1700 - All Time Highs

*PRICE: 98.9600 @ 14:33 GMT, Sep 6

*SUP 1: 98.8808 - 50-dma

*SUP 2: 98.5250 - July low

*SUP 3: 97.9950 - Apr18 Low

The firmest support for Aussie 10-year futures at the moment remains the 50-dma,

which held well for 10yr futures at the tail-end of the week as weakness

persisted. This level remains in focus over the coming fortnight, particularly

with Fed and ECB meetings so close. Any close below here would open levels last

seen in July, with 98.5250 the medium-term target. This adds to the argument

that bulls are becoming increasingly fatigued, making the recent highs up at

99.14 a more distant target.