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(H18) Bulls Need Close Above...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Bulls Need Close Above 97.4400 Today 
*RES 4: 97.5200 - Low June 20 now resistance
*RES 3: 97.5118 - Bollinger band top
*RES 2: 97.5000 - Hourly resistance Dec 1, High Dec 8
*RES 1: 97.4400 - High Dec 18
*PRICE: 97.4200 @ 2030GMT
*SUP 1: 97.4000 - Low Dec 18
*SUP 2: 97.3650 - Low Dec 17
*SUP 3: 97.3547 - 200-DMA
*SUP 4: 97.2600 - High Oct 30 now support
*COMMENTARY: The contract remains heavy although the break of 97.4075 has so far
lacked follow through. Initial resistance is now noted at 97.4400 with bulls
needing a close above to ease bearish pressure. Bulls look for a close above
97.5200 to reconfirm a bullish bias and initially target 97.6100-6750 where 2017
highs are located. While 97.4400 caps pressure now remains on the 97.2600-3650
support region where key DMAs are clustered.

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