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AUSSIE 10-YEAR TECHS: (H0) Stellar January
*RES 3: 99.1700 - High Aug 16
*RES 2: 99.1550 - High Oct 9
*RES 1: 99.0800 - High Jan 31
*PRICE: 99.0750 @ 16:12 GMT, Jan 30
*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 10-year futures secured an incredibly strong monthly performance to begin
2020, with all momentum measures pointing higher still. The RBA rate decision
takes focus from here, with bulls narrowing the gap nicely with alltime highs.
October highs are now the longer-term target, but o 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. 98.8600 is a key downside risk