Free Trial

(H1) Bullish Focus Intact

AUSSIE 10-YEAR TECHS
  • RES 3: 99.165 - High Nov 20
  • RES 2: 99.100 - High Nov 20
  • RES 1: 99.065 - High Dec 1
  • PRICE: 98.980 @ 19:51 GMT Dec 30
  • SUP 1: 98.875 - Low Dec 7 and the bear trigger
  • SUP 2: 98.845 - Low Jun 8 and key support
  • SUP 3: 98.570 - Low Mar 20

Aussie 10yr futures trades closer to the upper end of the recent range, following the recovery from the last cycle low at 98.875. The recent climb highlights a potential bullish theme and an extension higher would pave the way for a move towards 99.065, Dec 1 high. If this level gives way, 99.100 Nov 20 high would be exposed. Key support and bear trigger is at 98.875, Dec 7 low.

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.