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(H18) Bulls Need Close Above...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Bulls Need Close Above 21-DMA 
*RES 4: 97.4400 - High Dec 18
*RES 3: 97.4064 - 21-DMA
*RES 2: 97.3650 - Low Dec 17 now resistance
*RES 1: 97.3575 - 55-DMA
*PRICE: 97.3050 @ 2030GMT
*SUP 1: 97.2800 - Hourly resistance Dec 27 now support
*SUP 2: 97.2400 - Low Dec 27
*SUP 3: 97.2200 - High Oct 25 now support
*SUP 4: 97.2105 - 200-WMA
*COMMENTARY: Bears failed to trouble the key 97.2200 support with O/S daily
studies impacting and the contract correcting back towards layers of resistance.
Bulls now need a close above the 21-DMA to end bearish hopes and shift immediate
focus to tests of 97.5200 Nov highs. Support layers are building and adding to
bullish confidence. Bears now need a close below 97.2800 to retain focus on
97.2200-2400.

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