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(M9) Short-term Trend..........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M9) Short-term Trend Looking Negative
*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: 98.2200 @ 16:20 GMT, Apr1
*SUP 1: 97.9382 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
A third consecutive session of declines, but the medium-term bull trend looks
intact for now as markets remain so close to all-time highs. A correction back
below the 98.0375 mark will begin to look more worrying for bulls, marking the
50% retracement of the recent uptick. Nonetheless, dips remain shallow for now,
keeping bulls in the driving seat. Bulls target first pivot resistance at
98.6367. To the downside, early March price action solidified the 50-dma as firm
support at 97.9382.

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