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(H18) Focus Shifts To 55-WMA...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Focus Shifts To 55-WMA 
*RES 4: 97.3180 - 55-WMA
*RES 3: 97.3089 - 200-DMA
*RES 2: 97.3050 - High Mar 2
*RES 1: 97.2860 - 100-DMA
*PRICE: 97.2725 @ 2030GMT
*SUP 1: 97.2450 - Alternating hourly support/resistance
*SUP 2: 97.1964 - 21-DMA
*SUP 3: 97.1750 - Hourly resistance Feb 23 now support
*SUP 4: 97.1250 - Low Feb 22
*COMMENTARY: Pressure on the 21-DMA and 97.1750 failed to produce the close
below needed to shift focus back to 97.0200-0450 where 2018 lows and the LT bull
channel base off 2008 lows are noted. The likely close above 97.2450 sees focus
shift to the 55-WMA. A close above the 55-WMA initially targets 97.3850 and then
97.5200 Nov/Dec highs. Bears now need a close below 97.2450 to ease bullish
pressure and below 97.1750 to target 2018 lows.

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