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(H18) Layers of Resistance.....>

AUSSIE 10-YEAR TECHS: (H18) Layers of Resistance 97.3625-4000 
*RES 4: 97.4000 - Low Dec 18 now resistance
*RES 3: 97.3786 - 21-DMA
*RES 2: 97.3650 - Low Dec 17 now resistance
*RES 1: 97.3637 - 200-DMA
*PRICE: 97.3500 @ 2030GMT
*SUP 1: 97.3100 - Hourly support Jan 4
*SUP 2: 97.2800 - Hourly support Jan 3
*SUP 3: 97.2400 - Low Dec 27
*SUP 4: 97.2200 - High Oct 25 now support
*COMMENTARY: Layers of resistance 97.3629-4000 remain key with bulls needing a
close above 97.4000 to confirm breaks of key DMAs, ending bearish hopes and
shifting immediate focus to 97.5200. Support layers building and O/S studies
correcting is a concern for bears who now need a close below 97.3100 to ease
pressure on resistance layers.

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