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(U9) Hits Pause *RES 3:........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Hits Pause
*RES 3: 98.9900 - 1st Pivot Resistance (97.1900 - 98.5450)
*RES 2: 98.5819 - 2.0% Upper Bollinger Band
*RES 1: 98.5450 - All Time Highs
*PRICE: 98.5050 @ 16:42 BST, Jun 5
*SUP 1: 98.2603 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
Aussie 10-Yr futures held their ground Wednesday, doing little to change the
technical outlook. The post-RBA pullback has done little to dent the medium-term
trend, however, which continues to point higher. Any further move higher would
initially target the 2.0% Upper Bollinger Band at 98.5819 ahead of first pivot
resistance at 98.99. To the downside, 50-dma support is the first level at
98.2603, below here opens the 100-dma at 98.0739, ahead of the 200-dma at
97.7439.

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