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(U18) Maintaining Bullish......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U18) Maintaining Bullish Structure
*RES 4: 97.4200 - High July 2 
*RES 3: 97.4000 - High July 9 
*RES 2: 97.3850 - Repeated daily highs July 
*RES 1: 97.3650 - High July 27 
*PRICE: 97.3200 @ 18:22 GMT
*SUP 1: 97.2400 - Low Aug 2 
*SUP 2: 97.2350 - High June 11 now support 
*SUP 3: 97.1725 - Low June 12 
*SUP 4: 97.1687 - LT Weekly bull channel base off 2008 Low 
The upper boundary of the recent descending channel continues to limit upside
potential, leaving the major resistance zone at 97.3650 unchallenged. However,
the pullback from the 97.3400 level has retraced just 38.2% of the recovery,
consistent with a correction & keeping a bullish structure. Holding above 97.29
is essential to maintain the bullish momentum & to avoid focus back to the
97.240 lows.

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