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(U9) Bulls down but not out....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Bulls down but not out
*RES 3: 99.2433 - 1st Pivot Resistance (97.1900 - 98.7350)
*RES 2: 98.8419 - 3.0% Upper Bollinger Band
*RES 1: 98.7350 - All Time Highs
*PRICE: 98.6650 @ 14:40 BST, Jun 27
*SUP 1: 98.5604 - 23.6% Fib Retracement (97.9950 - 98.7350)
*SUP 2: 98.4202 - 50-dma
*SUP 3: 97.9950 - Apr18 Low
Aussie 10yr futures followed US treasuries lower throughout the Wednesday
session, before seeming to find a bottom at 98.6250. The shallow pullbacks so
far have done little to trouble the nearest levels of support at 98.5604, which
become the first target for bears. The RSI has edged back below overbought
territory, meaning those looking for further gains may have the chance to reload
on long positions before the uptrend resumes. First target for bulls holds at
the 3.0% upper Bollinger band at 98.8427 and 1st pivot resistance at 99.2433.

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