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(U9) Inches higher still.......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Inches higher still
*RES 3: 99.2433 - 1st Pivot Resistance (97.1900 - 98.7350)
*RES 2: 98.8451 - 3.0% Upper Bollinger Band
*RES 1: 98.7350 - All Time Highs
*PRICE: 98.7250 @ 16:00 BST, Jun 21
*SUP 1: 98.5604 - 23.6% Fib Retracement (97.9950 - 98.7350)
*SUP 2: 98.3960 - 50-dma
*SUP 3: 97.9950 - Apr18 Low
After trading in a holding pattern for much of the Monday session, Aussie 10yr
futures inched still higher Tuesday, etching out gains up to 98.7350 to mark
fresh all time highs. Valuation measures remain close to useless as the RSI
looks increasingly comfortable above 70, meaning markets are overlooking
'overbought' signals while the macro picture looks so positive. First target for
bulls holds at the 3.0% upper Bollinger band at 98.8451 and 1st pivot resistance
at 99.2433. Any pull lower will first challenge support at 98.5604 before the
50-dma at 98.3960.

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