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(M18) Bulls Need Close Above...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M18) Bulls Need Close Above 200-DMA 
*RES 4: 97.2796 - 200-DMA
*RES 3: 97.2600 - High Apr 18
*RES 2: 97.2795 - 200-DMA
*RES 1: 97.2600 - High Apr 18
*PRICE: 97.1850 @ 2130GMT
*SUP 1: 97.2000 - Hourly support Apr 30
*SUP 2: 97.1500 - High Apr 24 now support
*SUP 3: 97.0800 - Low Feb 21
*SUP 4: 97.0688 - Weekly Bull channel base off 2008 Low
*COMMENTARY: Hesitation ahead of the 97.0450-0800 support region has resulted in
a correction that now sees immediate focus on 97.2600-2795 where the 200-DMA is
located. Bulls need a close above the 200-DMA to shift initial focus to
97.4000-4400. Correcting O/S daily studies remain the key concern for bears.
Bears now look for a close below 97.1500 to gain breathing room and retain
initial focus on 2018 lows.

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