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(Z18) Gaining Ground *RES 4:...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) Gaining Ground
*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: 97.2950 @ 16:35 GMT, Oct 17
*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
Price topped the Oct15 high at 97.30, cementing the move above the 50%
retracement of the Oct3-Oct10 decline at 97.2750 and putting bulls on course for
a test of last week's best levels at 97.355. A move through here would see the
97.3426 100-dma tested and would see some upside momentum return. This leaves
the next key support levels at the early June lows of 97.145. A break below
there could open a move toward the 97.050 printed in May.

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