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(Z9) 50-dma still worthwhile...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z9) 50-dma still worthwhile support
*RES 3: 99.7833 - 1st Pivot Resistance (97.1900 - 99.1700)
*RES 2: 99.2363 - 3.0% Upper Bollinger Band
*RES 1: 99.1700 - All Time Highs
*PRICE: 98.9300 @ 14:44 GMT, Sep 9
*SUP 1: 98.8866 - 50-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
The 50-dma held well at the tail-end of last week, with prices bouncing off the
mark and proving their remains decent support for Aussie 10y futures. 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 level.

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