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(M9) Rally Extends Further.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) Rally Extends Further Still
*RES 3: 99.0100 - 1st Pivot Resistance (97.1900 - 98.5650)
*RES 2: 98.5948 - 2.0% Upper Bollinger Band
*RES 1: 98.5650 - All Time Highs
*PRICE: 98.5450 @ 16:05 BST, Jun 7
*SUP 1: 98.2714 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
Aussie 10-Yr futures followed their US equivalents higher Friday, helping push
the Jun19 contract to fresh cycle highs just ahead of expiry at 98.5650. This
keeps pressure on the upside and first targets sit at the 2.0% upper Bollinger
Band at 98.5948 and 1st pivot resistance at 99.01. Any pull lower will first
challenge the 50-dma at 98.2714, followed by the 100-dma at 98.0889.

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