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(Z18) New Cycle Highs *RES.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) New Cycle Highs
*RES 4: 97.6750 - High June 15, 2017
*RES 3: 97.6417 - Up Trendline
*RES 2: 97.6200 - High April 8, 2017
*RES 1: 97.5950 - 50% 98.2000-96.9875
*PRICE: 97.5750 @ 16:27 GMT, Dec 6
*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
Aussie 10yr futures extended the recent rally Thursday, adding to its recent
winning streak in which bonds have risen 18 of the past 21 sessions. A rally
through the 97.62 level here would open up trendline resistance at 97.6417,
confirming a bullish breakout and targeting the high watermark up to 97.6750.
For bears to regain the upper hand, a close below the 97.3630 would renew
downside pressure and open the door to a leg lower to 97.1450 and YTD lows.

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