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(Z18) Market Takes Profits.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) Market Takes Profits
*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 @ 16:24 GMT, Nov 28
*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
Price retreated slightly from the best levels since late October Wednesday, but
bulls remain firmly in control for now, keeping the upside target of 97.44. A
rally through here would open 97.5950, confirming a bullish breakout and
targeting the high watermark up to 97.6200. 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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