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(U9) Fed keeps bullish.........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Fed keeps bullish targets in sight
*RES 3: 99.2233 - 1st Pivot Resistance (97.1900 - 98.7200)
*RES 2: 98.7848 - 3.0% Upper Bollinger Band
*RES 1: 98.7200 - All Time Highs
*PRICE: 98.6550 @ 16:16 BST, Jun 20
*SUP 1: 98.5489 - 23.6% Fib Retracement (97.9950 - 98.7200)
*SUP 2: 98.3587 - 50-dma
*SUP 3: 97.9950 - Apr18 Low
Aussie 10yr bulls received a decent boost from the Fed decision, extending the
recent rally and shifting the high watermark up to 98.72. The moves continue to
defy valuation measures, which continue to flash overbought, suggesting
technicals are taking a backseat to macro at present. The first target for bulls
remains at the 3.0% upper Bollinger band at 98.7848 and 1st pivot resistance at
99.2233. Any pull lower will first challenge support at 98.5489 before the
50-dma at 98.3587.

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