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Off Cycle Highs *RES 3:........>

AUSSIE 10-YEAR TECHS: Off Cycle Highs
*RES 3: 98.8933 - First Pivot Resistance (97.1900 - 98.4750)
*RES 2: 98.519  - Uptrend from Sep'18
*RES 1: 98.5100 - All Time Highs
*PRICE: 98.490  @ 1618 BST, May 29
*SUP 1: 98.2253 - 50-dma
*SUP 2: 98.0340/97.7192 100/200-dma's
*SUP 3: 97.1900 - Nov 9 low
*SUP 4: 97.1450 - Jun7/8 low
The Aussie 10-Yr witnessed a minor retracement off cycle highs of 98.5100.
Technical indicators continue to generate heavily overbought conditions with the
RSI challenging its highest levels since late March. Any further move higher
would see bulls target the uptrend from September ahead of first pivot
resistance at 98.8933. To the downside, 50-dma support is the first level at
98.2253, below here opens the 100-dma at 98.0340, ahead of the 200-dma at

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