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(Z18) Uptrend Resumes *RES.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z18) Uptrend Resumes
*RES 3: 97.5950 - 50% 98.2000-96.9875
*RES 2: 97.5325 - 2-month trendline resistance
*SUP 1: 97.4350 - Oct26 high
*PRICE: 97.4100 @ 16:41 GMT, Oct 26
*SUP 1: 97.1950 - Oct 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0450/0500 - May/YTD Low
Prices resumed their climb Friday, breaking above the short-term uptrend
resistance line to touch the best levels since mid-September after the Thursday
session was somewhat hampered by consolidation. The rally from the constructive
Friday close last week continues to show momentum pointing higher, with upside
targets shifting to key Fib resistance at 97.5950 and the recent 97.62 highs
printed back in April last year. Any break lower will need to challenge the
200-dma at 97.2807 before re-testing the 97.1950 printed in mid-October.

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