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(M9) Fifth Down Session in.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) Fifth Down Session in Six
*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: 98.1800 @ 15:54 BST, Apr4
*SUP 1: 97.9614 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
The Thursday session marked the fifth session of declines in the past six,
making a re-test of recent highs a more distant prospect. The 50-dma is now well
within range for bond bears, sitting at 97.9614 and a close below that mark will
open March lows at 97.7900 and the 100-dma at 97.7608. For bulls, a recovery
above the alltime highs is needed to reverse momentum, opening first pivot
resistance at 98.6367.

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