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(H18) 97.2200 Support Now......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) 97.2200 Support Now Key 
*RES 4: 97.3648 - 200-DMA
*RES 3: 97.3400 - High Jan 9
*RES 2: 97.3100 - Hourly support Jan 4 now resistance
*RES 1: 97.2800 - Hourly support Jan 3 now resistance
*PRICE: 97.2650 @ 2030GMT
*SUP 1: 97.2243 - 200-WMA
*SUP 2: 97.2200 - High Oct 25 now support
*SUP 3: 97.1450 - Low Oct 25
*SUP 4: 97.0900 - Monthly Low Oct 3
*COMMENTARY: Bears take comfort in the lack of topside follow through Friday and
the contract remaining capped ahead of 97.4000 on the pop above key DMAs. The
bounce from 97.2200 is less than ideal with bears needing a close below this
level to confirm a break of the 200-WMA and see focus on 97.0750-1450 where
monthly lows are noted. Bulls now need a close above 97.3100 to ease bearish
pressure and above 97.4000 to shift focus to 97.5200.

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