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(H18) Bears Now Need Close.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Bears Now Need Close Below 97.2200 
*RES 4: 97.5000 - Hourly resistance Dec 1, High Dec 8
*RES 3: 97.4400 - High Dec 18
*RES 2: 97.3650 - Low Dec 17 now resistance
*RES 1: 97.3221 - 100-DMA
*PRICE: 97.2600 @ 2030GMT
*SUP 1: 97.2200 - High Oct 25 now support
*SUP 2: 97.2041 - 200-WMA
*SUP 3: 97.1450 - Low Oct 25
*SUP 4: 97.0900 - Monthly Low Oct 3
*COMMENTARY: Closes below key DMAs add weight to the bearish case with bears now
looking for a close below 97.2200 to confirm focus on 97.0750-0900 where monthly
lows are noted. The Bollinger base (97.3070) is the key concern for bears with
potential to limit follow through. Bulls now need a close above the 100-DMA to
ease immediate bearish pressure and above 97.3650 to hint at a move back to
97.5200 Nov highs.

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