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(Z18) Stands Pat *RES 4:.......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) Stands Pat
*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: 97.2600 @ 16:22 GMT, Nov 7
*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
Despite poor performance in the shorter-end of the curve, there were little
signs of a recovery Wednesday, with Dec futures holding at and around recent
lows. 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.
Holding below the 97.2864 200-dma keeps near- and medium-term momentum negative.

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