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(M9) 50-dma Support Getting....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) 50-dma Support Getting Closer
*RES 3: 98.6367 - First Pivot Resistance (97.1900 - 98.2850)
*RES 2: 98.2704 - Uptrend from Sep'18
*RES 1: 98.2850 - All Time Highs (Mar27)
*PRICE: 98.0450 @ 16:36 BST, Apr 15
*SUP 1: 98.0070 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
Retreating equities granted Aussie 10yr futures some reprieve Monday, arresting
the recent decline. Nonetheless, it appears too soon to call for any further
upside with Friday's high never coming under pressure. Downside targets remain
at the 50-dma at 98.0070 which continues to creep closer, but seems firm
support. A break below here will go a long way to strengthening the downside
case. For bulls to stage any recovery, 98.1775 is the first target ahead of all
time highs at 98.2850.

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