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(M9) Pause Prolonged *RES 3:...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) Pause Prolonged
*RES 3: 98.9900 - 1st Pivot Resistance (97.1900 - 98.5450)
*RES 2: 98.5864 - 2.0% Upper Bollinger Band
*RES 1: 98.5450 - All Time Highs
*PRICE: 98.5100 @ 15:56 BST, Jun 6
*SUP 1: 98.2659 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
Aussie 10-Yr futures held their ground for a second session, adding little to
the short-term technical picture. The post-RBA pullback appears to have abated,
leaving the medium-term trend pointing higher. Any further move to the upside
would initially target the 2.0% Upper Bollinger Band at 98.5864 ahead of first
pivot resistance at 98.99. To the downside, 50-dma support is the first level at
98.2659, below here opens the 100-dma at 98.0806.

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