(M18) 100-WMA Capping *RES....>

AUSSIE 10-YEAR TECHS: (M18) 100-WMA Capping 

*RES 4: 97.4143 - 100-WMA

*RES 3: 97.4100 - High May 30

*RES 2: 97.3800 - Hourly resistance May 30a

*RES 1: 97.3550 - Hourly resistance May 30

*PRICE: 97.3150 @ 2130GMT

*SUP 1: 97.2900 - Low May 30

*SUP 2: 97.2643 - 200-DMA

*SUP 3: 97.2392 - 55-DMA

*SUP 4: 97.2116 - 100-DMA

*COMMENTARY: The rejection around the 100-WMA has left the contract looking

offered and returned focus to 97.1500-2643 where key DMAs are located. Bears

need a close below 97.1500 to confirm breaks of DMAs and to shift immediate

focus back to 97.0450-1046 where the weekly LT bull channel base and 2018 low

are noted. Bulls now need a close above the 100-WMA to target 97.5200 Dec highs

with above 97.4400 to add support.