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(Z9) Last Week's Lows Under....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z9) Last Week's Lows Under Pressure
*RES 3: 99.1809 - 2.0% Upper Bollinger Band
*RES 2: 99.1700 - All Time Highs
*RES 1: 99.1550 - Oct 7 high
*PRICE: 98.8300 @ 15:41 GMT, Oct 29
*SUP 1: 98.7714 - 61.8% July-Aug Rally
*SUP 2: 98.7675 - Sep low
*SUP 3: 98.5250 - July low
Having slipped through the 100-dma early last week, the short-term outlook
remains negative, keeping last week's lows as the initial target. Should this
give way, markets eye the September lows at 98.7675 for further direction and
the July lows at 98.5250. For a near-term bottom to be formed, bulls need to
retake 98.9550 before the 99.00 handle can be considered.

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