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AUSSIE 10-YEAR TECHS: (Z9) Falters ahead of new high
*RES 3: 99.1700 - All Time Highs
*RES 2: 99.1530 - 2.0% Upper Bollinger Band
*RES 1: 99.1100 - Sep 4 High
*PRICE: 99.0300 @ 15:14 GMT, Sep 25
*SUP 1: 98.7507 - 100-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
Shorter-end Aussie futures rallied to hit new recovery highs Wednesday, but the
10yr future failed to follow suit, and retreated back to the midpoint of the
day's range ahead of the close. This keeps the recent highs at 99.11 on the
cards this week, but momentum has waned. Over the medium-term, focus still rests
on the all time highs at 99.17. With the 50-dma being reclaimed, bulls will look
to build a base here, and any retracement below the mark should be considered
negative. Any fall through here opens the 100-dma and the July lows at 98.5250.