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(M18) Aggressive Bounce........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M18) Aggressive Bounce Ahead of 55-DMA 
*RES 4: 97.4203 - 100-DMA
*RES 3: 97.3850 - 2018 High Jan 8
*RES 2: 97.3300 - Hourly resistance Mar 23
*RES 1: 97.3245 - Bollinger band top
*PRICE: 97.3100 @ 2030GMT
*SUP 1: 97.2750 - Alternating hourly support/resistance
*SUP 2: 97.1991 - 55-DMA
*SUP 3: 97.1750 - Hourly resistance Feb 23 now support
*SUP 4: 97.1518 - Bollinger band base
*COMMENTARY: Having bounced from ahead of the 55-DMA (92.307) follow through on
fresh 2mth highs has been lacking with the contract failing to gain traction
above the 55-WMA courtesy of the Bollinger band top. Bulls now need a close
above 97.3300 to confirm a break and shift focus to 97.3850-5373 where 100 &
200-WMAs are noted. Bears now need a close below 97.2750 to ease bullish
pressure and below 97.1750 to target 2018 lows.

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