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(U17) Bears Need Close Below...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U17) Bears Need Close Below 98.2750 
*RES 4: 97.4465 - 55-DMA
*RES 3: 97.3861 - 100-DMA
*RES 2: 97.3473 - 200-DMA
*RES 1: 97.3350 - High July 13
*PRICE: 97.3000 @ 2130GMT
*SUP 1: 97.2750 - Low July 28
*SUP 2: 97.2500 - Hourly support July 26
*SUP 3: 97.2350 - Low July 26
*SUP 4: 97.2100 - Low July 20
*COMMENTARY: The contract continues to hesitate ahead of the 97.3350-3861 region
where 200 & 100-DMAs are situated. Bulls need a close above the 100-DMA to hint
at a shift higher in focus with a close above the 55-DMA to target 2017 highs.
Bears still need a close below 97.2750 to ease pressure on resistance layers and
below 97.1650 to target 2017 lows. Narrowing Bollinger bands are suggesting a
breakout in the near future.

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