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(U18) Bullish Breakout.........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U18) Bullish Breakout Confirmed
*RES 4: 97.6200 - High April 8, 17 (continuation chart) 
*RES 3: 97.5400 - High April 19, 17 (Continuation chart) 
*RES 2: 97.5200 - Dec 4, 17 (Continuation chart) 
*RES 1: 97.4400 - High April 3 (Continuation chart) 
*PRICE: 97.4300 @ 18:30 GMT
*SUP 1: 97.3650 - Former range top, now support 
*SUP 2: 97.3000 - Low Aug 7 
*SUP 3: 97.2400 - Low Aug 2 
*SUP 4: 97.2350 - High June 11 now support
Breakout to new highs. The Australian 10-year Bond has broken higher through the
97.42 July highs, confirming the overall bullish picture. Gains are now set to
challenge the major resistance at the 97.440 level, representing the high from
April 3 on continuation charts. Longer term trend indicators are also turning
positive with the 100-dma rising through the 200-dma, also on continuation
charts. The former range top at 97.3650 is now support.

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