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(U9) Decent reversal from......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Decent reversal from all time highs
*RES 3: 99.2433 - 1st Pivot Resistance (97.1900 - 98.7350)
*RES 2: 98.8204 - 3.0% Upper Bollinger Band
*RES 1: 98.8000 - All Time Highs
*PRICE: 98.7200 @ 14:14 GMT, Jul 25
*SUP 1: 98.5933 - 50-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
After lagging the short-end earlier in the week, 10yr futures returned to all
time highs at 98.80 Thursday, before staging a decent intraday reversal ahead of
the close. This leaves bulls aiming for fresh all time highs, but the sell
rallies theme still appears to be in vogue Thursday, with 98.5933 the target to
switch focus. The Apr18 low is next up at 97.9950.

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