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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 4: 97.4056 - 100-WMA
*RES 2: 97.3650 - High May 31
*RES 1: 97.2900 - Low June 1 now resistance
*PRICE: 97.2700 @ 2130GMT
*SUP 1: 97.2385 - 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 (97.4056) returned focus to
97.1500-2385 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 and return focus to 97.3650-4400.

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