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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: 99.0434 - 2.0% Upper Bollinger Band
*RES 2: 99.0358 - 76.4% retracement of the Oct 8 - Nov 11 decline
*RES 1: 99.0150 - High Nov 28
*PRICE: 98.9600 @ 16:33 GMT, Nov 29
*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 faded into the close Friday after narrowing the gap with
mid-October highs in the first half of the week. Nonetheless, prices show little
sign of retreating much further with former channel resistance-turned-support at
98.7679 holding for now. Momentum will be needed before the outlook turns
convincingly positive, with bulls needing to reclaim 99.0150.

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