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(U18) Bulls Need Close Above...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U18) Bulls Need Close Above 97.4400 
*RES 4: 97.4400 - 2018 High Apr 3
*RES 3: 97.4304 - Weekly Bollinger band top
*RES 2: 97.4200 - High July 2
*RES 1: 97.4000 - High July 9
*PRICE: 97.3850 @ 2130GMT
*SUP 1: 97.3350 - Low June 26 & 27
*SUP 2: 97.2900 - Low June 18
*SUP 3: 97.2683 - 200-DMA
*SUP 4: 97.2587 - 100-DMA
*COMMENTARY: Hesitation ahead of 2018 highs is a concern for bulls given daily
studies correcting from O/B, daily momentum divergence and Bollinger tops
lingering above. Bulls need a close above 97.4400 to confirm a break of the
100-WMA (97.3686) and initially target 97.5000-5200. Bears look for a close
below 97.3350 to ease bullish pressure and below the 100-DMA (97.2587) to shift
focus back to 97.1480-1725.

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