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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: 97.4400 - Oct26 high
*PRICE: 97.3550 @ 16:57 GMT, Nov 1
*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
Thursday trade ebbed lower again, continuing the pullback since the 97.44 print
Monday. This weakens the technical picture, but it remains somewhat positive on
the hold above 97.1950. This keeps 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 97.2851 before re-testing the 97.1950
printed in mid-October.

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