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(M18) 97.2900 Resistance Key...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M18) 97.2900 Resistance Key 
*RES 4: 97.3970 - 100-WMA
*RES 3: 97.3650 - High May 31
*RES 2: 97.2900 - Low June 1 now resistance
*RES 1: 97.2276 - 55-DMA
*PRICE: 97.2025 @ 2130GMT
*SUP 1: 97.1450 - Low June 7
*SUP 2: 97.1187 - LT Weekly Bull channel base off 2008 Low
*SUP 3: 97.1000 - Hourly resistance May 17 now support
*SUP 4: 97.0445 - Bollinger band base
*COMMENTARY: The break of 97.1500 has so far lacked follow through which is less
than ideal for bears. Daily momentum studies heading towards O/S increases the
risk of a correction higher. The 97.2900 resistance is key today. Bulls need a
close above to confirm breaks of DMAs and to shift focus back to 97.3650-4400.
The 97.0450-1187 support region where the weekly LT bull channel base and 2018
low are noted remains key.

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