(Z9) Downside Focus *RES 4:.....>

AUSSIE 3-YEAR TECHS: (Z9) Downside Focus

*RES 4: 99.315 - High Oct 25

*RES 3: 99.240 - High Oct 31and key near-term resistance

*RES 2: 99.168 - Bear channel resistance drawn off Oct 10 high

*RES 1: 99.165 - High Nov 7

*PRICE: 99.1350 @ 18:34 GMT Nov 11

*SUP 1: 99.070 - Low Nov 8

*SUP 2: 99.055 - 1.000 projection of Oct 8 - Oct 22 decline from Oct 25 high

*SUP 3: 99.015 - Low Bear channel base drawn off Oct 10 high

*SUP 4: 98.994 - 1.236 projection of Oct 8 - Oct 22 decline from Oct 25 high

Aussie 3yr futures are set to maintain a bearish theme following last weeks

sell-off . The result of the move lower was a print below former key support at

99.075, Sep 16 low. This reinforces the bearish theme as well as the bearish

price sequence of lower lows and lower highs that has developed since the

reversal off the Oct 7 high. The focus is on the base of the bear channel at

99.002, drawn off the Oct 10 high. Resistance is at 99.165, Nov 7 high.