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(U18) Uptrend To Be Tested.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U18) Uptrend To Be Tested
*RES 4: 97.6200 - High April 8, 17 (Continuation chart)
*RES 3: 97.5950 - 50% 98.2000-96.9875
*RES 2: 97.5325 - 2-month trendline resistance
*SUP 1: 97.4069 - Short-term uptrend beginning Aug 13
*PRICE: 97.3750 @ 15:36GMT, Sep 14
*SUP 1: 97.3650 - Former range top, now support
*SUP 2: 97.3217 - 100-dma
*SUP 3: 97.3285 - 2.5 month uptrend
*SUP 4: 97.2400 - Low Aug 2
The Sep18 contract has broken near-term support at 97.4069, which represents the
short-term uptrend beginning Aug 13 and the late Aug/early Sep range bottom.
Next support is at the former range top at 97.3650, but the real test for the
continuation (or not) of the uptrend is the 2,5-month trendline coming in at
97.3285, a break of which would confirm a change in medium-term direction in
favour of downside.

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