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(M9) All-time Highs *RES 3:....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) All-time Highs
*RES 3: 98.4878 - 23.6% Fib extension
*RES 2: 98.2717 - Pivot Resistance
*RES 1: 98.2400 - All Time Highs (Mar22)
*PRICE: 98.2300 @ 16:32 GMT, Mar 22
*SUP 1: 97.8790 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
All time highs were printed up 98.24 in Aussie 10yr futures Friday, with a bolt
higher in US treasuries helping drag global bond markets higher. Resistance
levels north of all-time highs have been tricky to find, with pivot resistance
at 98.2717 the first target followed by a Fib extension at 98.4878. This keeps
the RSI firmly in overbought territory at 79.4. The only times the RSI has been
higher was back in late December/early January. To the downside (remember
that?), early March price action solidified the 50-dma as firm support at
97.8780.

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