(H0) Remains Weak *RES 3:......>

AUSSIE 10-YEAR TECHS: (H0) Remains Weak

*RES 3: 98.9500 - High Dec 5

*RES 2: 98.8950 - High Dec 10 and 11

*RES 1: 98.8850 - High Dec 5

*PRICE: 98.6600 @ 16:41 GMT, Dec 27

*SUP 1: 98.6550 - Low Dec 20

*SUP 2: 98.6500 - Low Nov 8/11

*SUP 3: 98.5785 - 3.0% Lower Bollinger Band

Aussie 10yr futures weakened further for a particularly negative close on Friday

last week, edging below the 200-dma for the first time in over a year. This

switches the picture to outright bearish and opens further losses down to levels

not seen since mid-July. The RSI is also yet to indicate oversold conditions,

meaning the run lower could still have legs. For bulls to slow any decline they

first need to recoup the 200-dma before eyeing the Dec 5 at 98.8850.