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(U17) 97.4200-4450.............>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U17) 97.4200-4450 Resistance Region Key 
*RES 4: 97.4450 - High June 30
*RES 3: 97.4250 - High Aug 18
*RES 2: 97.4200 - High Aug 29
*RES 1: 97.3969 - Daily Bear channel top
*PRICE: 97.3700 @ 2130GMT
*SUP 1: 97.3100 - Hourly resistance Aug 30 now support
*SUP 2: 97.3038 - Bollinger band base
*SUP 3: 97.2500 - Low July 27
*SUP 4: 97.2100 - Monthly Low July 20
*COMMENTARY: Having supported for most of August, bears failed to capitalise on
the break of the 97.3150 support and 200-DMA (97.3167) with the Bollinger base
limiting follow through. Narrowing Bollinger bands continue to suggest a
breakout. Layers of resistance remain with bulls needing a close above 97.4450
to end bearish hopes and shift focus to 97.6100-6750. Bears need close below
97.3100 to return pressure to 97.2500.

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