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(M18) 97.1750 Support Now......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M18) 97.1750 Support Now Key 
*RES 4: 97.2950 - Hourly support Apr 12 now resistance
*RES 3: 97.2841 - 200-DMA
*RES 2: 97.2600 - High Apr 18
*RES 1: 97.2312 - 55-DMA
*PRICE: 97.2000 @ 2130GMT
*SUP 1: 97.1750 - Hourly resistance Feb 23 now support
*SUP 2: 97.0800 - Low Feb 21
*SUP 3: 97.0610 - Weekly Bull channel base off 2008 Low
*SUP 4: 97.0450 - 2018 Low Feb 6
*COMMENTARY: The close below the 55-DMA adds to bearish confidence with a close
below 97.1750 to add weight to the case for a test of 97.0450-0800 where the
weekly LT bull channel base off 2008 lows is situated. O/S daily studies and the
Bollinger base (97.2031) are concerns for bears with potential to limit follow
through. Bulls now need a close above 97.2950 to gain breathing room and above
97.3600 to return initial focus to 97.4000-4400.

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