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(Z9) Inching lower *RES 3:.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z9) Inching lower
*RES 3: 99.2023 - 2.0% Upper Bollinger Band
*RES 2: 99.1700 - All Time Highs
*RES 1: 98.8929 - 50-dma
*PRICE: 98.8650 @ 15:36 GMT, Sep 11
*SUP 1: 98.6782 - 100-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
Weakness evident in the first two days of the week filtered through to the
Wednesday session for Aussie 10yr bond futures, pressing prices to new pullback
lows. With the 50-dma support out of the way, bears now eye levels not seen
since 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 prospect.

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