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(U9) Consolidates..............>

AUSSIE 10-YEAR TECHS: (U9) Consolidates (slightly...)
*RES 3: 99.1217 - 1st Pivot Resistance (97.1900 - 98.6425)
*RES 2: 98.6453 - 2.0% Upper Bollinger Band
*RES 1: 98.6425 - All Time Highs
*PRICE: 98.5950 @ 16:06 BST, Jun 17
*SUP 1: 98.3235 - 50-dma
*SUP 2: 98.2997 - 23.6% Fib Retracement (91.1900 - 98.6425)
*SUP 3: 97.9950 - Apr18 Low
Having printed fresh cycle highs at 98.6425 last week, the onus remains firmly
with the bulls, but valuation and momentum measures suggest we will likely see a
near-term pause before any trend resumes - at least until the Fed rate decision
on Wednesday. A crack above the upper Bollinger Bands will signal the latest
move higher still has legs, with 99.1217 the next target. Any pull lower will
first challenge the 50-dma at 98.3235, followed by the 100-dma at 98.1424.

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