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JAPAN

Japan To Observe Holiday

AUSSIE BONDS

Flattening Extends

JPY

Liquidity Sapped By Local Holiday

AUD

AUD Edges Lower After Volatile Wednesday

JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE BONDS

U.S. Tsys Help Futures To Twist Flatten Overnight

AUSSIE
AUSSIE: AUD/USD faltered on the back of the Chinese statement re: the latest
round of U.S.-China trade talks, with markets inferring that little progress was
made at the 3-day meeting. Pair fell to lows of $0.7146 on the statement, before
recovering a degree of poise, last dealing at $0.7161. 
- On the downside, initial focus falls on yesterday's low of $0.7135 and a break
below would draw bearish attention to the Jan 8 low at $0.7117. Conversely Bulls
look for a clean break above the 100-DMA/55-DMA at $0.7178/80, which would give
them the green light for challenging the 50-DMA at $0.7188, followed by
yesterday's high of $0.7194 and the psychological $0.7200 level.
- Domestic retail sales data headlines the Australian docket for the remainder
of the week, with broader risk sentiment remaining in focus.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com