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(H18) Bears Need Close Below...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Bears Need Close Below 21-DMA 
*RES 4: 97.3193 - 200-DMA
*RES 3: 97.3168 - 55-WMA
*RES 2: 97.3050 - High Mar 2
*RES 1: 97.2450 - Hourly support Mar 1 now resistance
*PRICE: 97.2000 @ 2030GMT
*SUP 1: 97.1750 - Hourly resistance Feb 23 now support
*SUP 2: 97.1683 - 21-DMA
*SUP 3: 97.1250 - Low Feb 22
*SUP 4: 97.0800 - Low Feb 21
*COMMENTARY: Topside hesitation around the 100-DMA (97.2847) and ahead of the
200-DMA have taken their toll with immediate pressure back on the 21-DMA. Bears
still need a close below the 21-DMA to shift focus back to 97.0167-0450 where
2018 lows and the LT bull channel base off 2008 lows are noted. Initial
resistance remains at 97.2450 with bulls needing a close above to return
pressure to the 200-DMA.

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