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AUSSIE 10-YEAR TECHS: (H0) Decent Uptick into the Close
*RES 3: 98.9500 - High Dec 5
*RES 2: 98.8950 - High Dec 10 and 11
*RES 1: 98.8700 - High Jan 21
*PRICE: 98.8650 @ 16:13 GMT, Jan 21
*SUP 1: 98.7150 - Low Jan 14 and key near-term support
*SUP 2: 98.5900 - Low Jan 3
*SUP 3: 98.5700 - Low Jan 2 and primary support
Markets crept above the key resistance at 98.8600 Tuesday, opening the door to
further gains. A close above here could signal further improvement this week and
will concern bears targeting the 98.5700 YTD low over the medium term. The
100-dma is next up, which is trending lower at 98.8770 Tuesday. To the downside,
the initial focus though is on 98.715, Jan 14 low where a break is required to
signal a fresh round of stronger bearish pressure. For bears, 98.8600 is a key