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(M9) Inside Session *RES 3:....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) Inside Session
*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: 98.1350 @ 17:00 BST, Apr 11
*SUP 1: 97.9959 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
The week's been a quiet one so far, with little firm price action in either
direction. Nonetheless, Australian 10yr futures continue their gradual grind
higher. Prices need to recover above the 98.1950 printed on April 3rd to
reinject some momentum, but price action remains thin and tight, providing few
fresh technical signals in the near-term. For bulls to stage any recovery,
98.1775 is the first target ahead of all time highs at 98.2850. On the downside,
however, the 50-dma is now well within range for bond bears, sitting at 97.9959.

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