(H0) Very firm start to the....>

AUSSIE 10-YEAR TECHS: (H0) Very firm start to the week

*RES 3: 99.1700 - High Aug 16

*RES 2: 99.0284 - 76.4% August - January Decline

*RES 1: 99.0200 - High Jan 27

*PRICE: 99.9150 @ 16:32 GMT, Jan 27

*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 shot higher Monday as global risk-off and a particularly

weak AUD buoyed bond markets. This saw prices shoot through near-term resistance

layered up to the 99.0200 mark, with Fib resistance at 99.0284 the next target.

This week's moves were predicated by the close above the 100-dma, which spells

more trouble for bears. 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. 98.8600 is a key downside risk parameter.