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(Z18) Consolidation *RES 4:....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) Consolidation
*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: 97.3550 @ 16:39 GMT, Oct 25
*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
Prices consolidated somewhat Thursday, but the overarching bullish tone remains
intact. The rally from the constructive Friday close shows momentum continues to
point higher, with upside targets shifting to key Fib resistance at 97.40 and
the recent 97.5250 September highs. Any break lower will need to challenge the
200-dma at 97.2785 before re-testing the 97.1950 printed in mid-October.

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