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(Z18) Gains Held *RES 4:.......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) Gains Held
*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: 97.3050 @ 16:26 GMT, Nov 16
*SUP 1: 97.1900 - Nov 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
Friday trade keeps the Bullish target at 97.44, the late October high, with
intraday price action offering little to dissuade markets from another move
higher. A break above here would confirm a bullish breakout and shift the target
up to 97.5950. For bears to regain the upper hand, a close below the Nov9 lows
at 91.19 would renew downside pressure and open the door to further declines
down to 97.1450 and YTD lows.

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