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AUSSIE 10-YEAR TECHS: (Z9) Remains Firm
*RES 3: 98.9200 - High Nov 1
*RES 2: 98.9025 - 50.0% retracement of the Oct 8 - Nov 11 decline
*RES 1: 98.8800 - High Nov 15
*PRICE: 98.8450 @ 18:41 GMT, Nov 15
*SUP 1: 98.7679 - Former channel resistance
*SUP 2: 98.6850 - Low Nov 13
*SUP 3: 98.6500 - Low Nov 8 and primary support
Aussie 10yr futures remain firm. This follows last week's gains that resulted in
a break of the bear channel top at 99.7956. The channel is drawn off the Oct 9
high. The break out represents an important S/T bullish development and sets the
scene for a stronger recovery near-term. Attention is on 98.9025, 50% of the Oct
8 - Nov 11 decline. A break would open 98.92, Nov 1 high and 98.9550, Oct 25
high. Support is at 98.7679, the former channel resistance.