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(M18) Bulls Need Close Above...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M18) Bulls Need Close Above 97.2900 
*RES 4: 97.4100 - Monthly High May 30
*RES 3: 97.3650 - High May 31
*RES 2: 97.2900 - Low June 1 now resistance
*RES 1: 97.2632 - 200-DMA
*PRICE: 97.2400 @ 2130GMT
*SUP 1: 97.2381 - 55-DMA
*SUP 2: 97.2115 - 100-DMA
*SUP 3: 97.2040 - 21-DMA
*SUP 4: 97.1500 - Alternating daily support/resistance
*COMMENTARY: The rejection around the 100-WMA (97.4045) left the contract
looking offered and returned focus to 97.1500-2381 where key DMAs are located.
Bears need a close below 97.1500 to confirm breaks of DMAs and to shift
immediate focus back to 97.0450-1100 where the weekly LT bull channel base and
2018 low are noted. Bulls now need a close above 97.2900 to gain breathing room.

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