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(U18) Bull Channel Base........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U18) Bull Channel Base Supporting 
*RES 4: 97.4400 - 2018 High Apr 3
*RES 3: 97.4376 - Weekly Bollinger band top
*RES 2: 97.4200 - High July 2
*RES 1: 97.4000 - High July 9
*PRICE: 97.3350 @ 2130GMT
*SUP 1: 97.3350 - Daily Bull channel base off May Low
*SUP 2: 97.2900 - Low June 18
*SUP 3: 97.2817 - 55-DMA
*SUP 4: 97.2693 - 100-DMA
*COMMENTARY: The daily bull channel base off May lows reconfirmed significance
Thursday with a bounce that maintained focus on 97.4000-4400 where 2018 highs
and the 100-WMA are noted. Bulls need a close above 97.4400 to confirm a break
of the 100-WMA (97.3609) and initially target 97.5000-5200. The 100-DMA is key
support this week. Bears need a close below the 100-DMA to shift focus back to
97.1632-1725 where the LT rising TL off 2008 lows is located.

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