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(M9) Bullish Momentum..........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) Bullish Momentum Moderates
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.1800 - Sep1 2016 High
*RES 1: 98.0900 - Oct3 2016 High
*PRICE: 98.0125 @ 16:24 GMT, Mar 14
*SUP 1: 97.8245 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
Prices pulled back slightly after printing contract highs earlier in the week,
with soft bond prices globally countering recent bullish momentum. This pulls
the RSI away from the 'overbought' dangerzone, keeping the upside argument
intact across the medium-term. All-time highs of 98.20 remain in view. To the
downside, recent price action has solidified the 50-dma as firm support at
97.8245. A break below here would open the 97.6921 mark, the 38.2% Fib
retracement for the 97.1900-98.0025 move.

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