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(Z9) Too soon to call it a.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z9) Too soon to call it a comeback
*RES 3: 99.1935 - 2.0% Upper Bollinger Band
*RES 2: 99.1700 - All Time Highs
*RES 1: 99.0162 - 61.8% 99.1700 - 98.7675
*PRICE: 98.9550 @ 15:14 GMT, Sep 19
*SUP 1: 98.7189 - 100-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
With the recent downtrend ceasing this week, the recovery's now taken out the
50-dma at 98.9202 upon which bulls will look to build a base. First upside
target sits at the 99.00 psychological resistance and the 99.0162 Fib level. A
move above here would go a long way to repairing the outlook, which remains
neutral for now. A correction lower could easily resume, however, with a slide
below 98.7675 needed. Any fall through here opens the 100-dma and the July lows
at 98.5250.

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