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(M18) Focus Back On 97.1500 ...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M18) Focus Back On 97.1500 
*RES 4: 97.4052 - 100-WMA
*RES 3: 97.3650 - High May 31
*RES 2: 97.2900 - Low June 1 now resistance
*RES 1: 97.2361 - 55-DMA
*PRICE: 97.1900 @ 2130GMT
*SUP 1: 97.1500 - Alternating daily support/resistance
*SUP 2: 97.1100 - LT Weekly Bull channel base off 2008 Low
*SUP 3: 97.1000 - Hourly resistance May 17 now support
*SUP 4: 97.0677 - Bollinger band base
*COMMENTARY: The rejection around the 100-WMA (97.4052) has now resulted in a
closes below key DMAs with immediate pressure on the 97.1500 support. Bears need
a close below 97.1500 to confirm traction below 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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