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(Z17) Bulls Still Need Close...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z17) Bulls Still Need Close Above 97.5200 
*RES 4: 97.6100 - High June 27
*RES 3: 97.5200 - Low June 20 now resistance
*RES 2: 97.5157 - Bollinger band top
*RES 1: 97.5000 - Hourly resistance Dec 1, High Dec 8
*PRICE: 97.4800 @ 2030GMT
*SUP 1: 97.4650 - High Dec 12 now support
*SUP 2: 97.4450 - Alternating hourly support/resistance
*SUP 3: 97.4172 - Daily Bull channel base
*SUP 4: 97.4075 - Low Dec 12
*COMMENTARY: Bulls take comfort in the bounce from the daily bull channel base
off Oct 25 lows retaining immediate focus on 97.5200. Bulls look for a close
above 97.5200 to reconfirm a bullish bias and initially targeting 97.6100-6750
where 2017 highs and the bull channel top are located. Layers of support are
building with bears now needing a close below the bull channel base to ease
bullish pressure and return focus to 97.2926-3650 where key DMAs are noted.

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