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(Z18) Approaching Key..........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) Approaching Key Support
*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: 97.4400 - Oct26 high
*PRICE: 97.2200 @ 16:22 GMT, Nov 8
*SUP 1: 97.1950 - Oct 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0450/0500 - May/YTD Low
*SUP 4: 96.8950 - 50% 95.5900-98.2000
Early October lows provide key support for the Dec-18 contract, which has held
so far despite particular weakness in the shorter-end of the curve. A break
below here would renew downside pressure and open the door to further declines
down to 97.1450 and YTD lows below there. The upside target remains at key Fib
retracement at 97.5950 and the 97.62 highs printed back in April last year.
Holding below the 97.2864 200-dma keeps near- and medium-term momentum negative.

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