Free Trial

(H0) Plays the Range *RES 3:...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H0) Plays the Range
*RES 3: 99.1700 - High Aug 16
*RES 2: 99.1550 - High Oct 9
*RES 1: 99.1200 - High Feb 4
*PRICE: 98.9450 @ 15:29 GMT, Feb 17
*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
Aussie 10yr futures sat well within the recent range Monday. This keeps the
technical picture broadly unchanged and slightly negative. To the downside, the
initial focus is on 98.7150, Jan 14 low where a break is required to signal a
fresh round of stronger bearish pressure. 98.8600 is a key downside risk
parameter. To the upside, bulls must close above the 99.1200 mark to narrow the
gap with alltime highs.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.