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(U9) Surge in Part Time........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Surge in Part Time Employment Underpins
*RES 3: 99.0633 - 1st Pivot Resistance (97.1900 - 98.5700)
*RES 2: 98.6347 - 2.0% Upper Bollinger Band
*RES 1: 98.6000 - All Time Highs
*PRICE: 98.5900 @ 16:28 BST, Jun 13
*SUP 1: 98.3027 - 50-dma
*SUP 2: 98.2672 - 23.6% Fib Retracement (91.1900 - 98.6000)
*SUP 3: 97.9950 - Apr18 Low
Further suppot for Aussie 10-Yr futures rose from a disappointing Australian
jobs report, with the surge in part time employment (at the cost of full time
jobs) undermining a flattering headline. This keeps pressure pointing higher and
resistance at 98.6347 and up to the 99.00 handle. Bulls continue to shrug off
the RSI, which screams overbought, but is doing little to dent the upside
momentum. Any pull lower will first challenge the 50-dma at 98.3027, followed by
the 100-dma at 98.1253.

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