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

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: 97.4400 - Oct26 high

*PRICE: 97.3650 @ 16:45 GMT, Oct 31

*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

Wednesday price action well within recent ranges, despite the higher high

printed Monday. This keeps the overall technical picture positive and retains

the upside target of key Fib resistance at 97.5950 and the 97.62 highs printed

back in April last year. Any break lower will need to challenge the 200-dma at

97.2843 before re-testing the 97.1950 printed in mid-October.