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(Z9) Well Supported, But No....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z9) Well Supported, But No Break Yet
*RES 3: 99.0358 - 76.4% retracement of the Oct 8 - Nov 11 decline
*RES 2: 98.9714 - 61.8% retracement of the Aug 16 - Nov 11 decline
*RES 1: 98.9650 - High Nov 26
*PRICE: 98.9450 @ 16:45 GMT, Nov 26
*SUP 1: 98.7679 - Former channel resistance
*SUP 2: 98.6850 - Low Nov 13
*SUP 3: 98.6500 - Low Nov 8 and primary support
Mirroring the move in the short-end, Aussie 10yr futures bumped higher Tuesday,
helping markets up to a new November high of 98.9650. The move took out Fib
resistance at 98.9621, tilting upside targets slightly higher. Momentum will be
needed before the outlook turns convincingly positive, however. Support is at
98.7679, the former channel resistance.

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