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(Z9) Retains the Range *RES.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (Z9) Retains the Range
*RES 4: 99.472 - 123.6% Projection
*RES 3: 99.460 - Alltime High Oct 7
*RES 2: 99.403 - 3.0% Upper Bollinger Band
*RES 1: 99.395 - High Nov 27
*PRICE: 99.280 @ 20:41 GMT Dec 11
*SUP 1: 99.165 - Low Nov 13
*SUP 2: 99.130 - Low Nov 12
*SUP 3: 99.070 - Low Nov 8 and key support
*SUP 4: 99.055 - 1.00 projection of Oct 8 - Oct 22 decline from Oct 25 high
The Fed rate decision gave markets little reason to press prices in either
direction Thursday, keeping Aussie 3-year bonds within the recent range and
providing few fresh technical signals. Focus remains on the recent lows as the
recent run-up to 99.395 now looks to be over. Prices continue to trade either
side of the 99.30 level at present, which has dented the outlook materially.
99.165 seen as the next key support.

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