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(H0) Inches to a New Low.......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H0) Inches to a New Low
*RES 3: 99.0358 - 76.4% retracement of the Oct 8 - Nov 11 decline
*RES 2: 99.0150/98.9984 - High Nov 28 / 2.0% Upper Bollinger Band
*RES 1: 98.9700 - High Dec 5
*PRICE: 98.7875 @ 16:47 GMT, Dec 12
*SUP 1: 98.6850 - Low Nov 13
*SUP 2: 98.6571 - 200-dma
*SUP 3: 98.6500 - Low Nov 8 and primary support
Aussie 10-yr futures inched to new lows Thursday as renewed US-China trade
headlines pressured prices in a way the Fed decision didn't. Now, with the roll
complete, the bias remains lower, with mid-November lows at 98.65 the
medium-term target. Upside Momentum will need to pick up before the outlook
turns convincingly positive, with bulls needing to reclaim 99.0150.

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