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(M18) Bulls Need Close Above...>

AUSSIE 10-YEAR TECHS: (M18) Bulls Need Close Above 97.1500 
*RES 4: 97.2290 - 55-DMA
*RES 3: 97.2100 - Low Apr 17 now resistance
*RES 2: 97.1850 - Hourly resistance Apr 20
*RES 1: 97.1500 - High Apr 24
*PRICE: 97.1400 @ 2130GMT
*SUP 1: 97.0800 - Low Feb 21
*SUP 2: 97.0688 - Weekly Bull channel base off 2008 Low
*SUP 3: 97.0450 - 2018 Low Feb 6
*SUP 4: 96.9875 - 2017 Low Mar 10 2017
*COMMENTARY: Hesitation ahead of the 97.0450-0800 support region has seen the
contract bounce back towards initial resistance with bulls needing a close above
97.1500 to gain breathing room. Above the 200-DMA (97.2799) remains needed to
shift initial focus back to 97.3600 and overall focus to 97.4000-4400.
Correcting O/S daily studies add to correction risk with bears needing a close
below 96.9650 is needed to initially 2015 lows (96.7950).

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