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(M9) All Time Highs Keep.......>

AUSSIE 10-YEAR TECHS: (M9) All Time Highs Keep Coming
*RES 3: 98.7500 - First Pivot Resistance (97.1900 - 98.3700)
*RES 2: 98.4791 - Uptrend from Sep'18
*RES 1: 98.3700 - All Time Highs (May17)
*PRICE: 98.3300 @ 16:47 BST, May 17
*SUP 1: 98.1577 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
Another day, another all time high, this time printed up at 98.37 and shifting
the momentum futher in favour of the bulls. The RSI has ticked up into
overbought territory, meaning momentum may flag slightly from here. Any move
higher intially targets the uptrend from September 2018 highs at 98.4791 ahead
of the first pivot resistance at 98.7500. To the downside, 98.1577 50-dma
support is the first level and a break below here will return focus lower, with
97.19 the medium-term target.

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