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(Z18) No Follow Through *RES...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) No Follow Through
*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: 97.2700 @ 16:47 GMT, Nov 6
*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
Little signs of a recovery Tuesday after the spell of weakness last week broke
down all recent bullish momentum posted a week ago. This opens the door to
further declines down to early October lows of 97.1950 and mid June lows below
that. The upside target remains at key Fib retracement at 97.5950 and the 97.62
highs printed back in April last year. The close below the 97.2864 200-dma has
shifted near- and medium-term momentum lower.

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