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(H18) Bears In Control While...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Bears In Control While 21-DMA Caps 
*RES 4: 97.2376 - 21-DMA
*RES 3: 97.2200 - Hourly support Jan 17 now resistance
*RES 2: 97.2050 - High Jan 24
*RES 1: 97.1700 - High Jan 25 & 26
*PRICE: 97.1350 @ 2030GMT
*SUP 1: 97.1250 - Low Jan 25
*SUP 2: 97.0900 - Monthly Low Oct 3
*SUP 3: 97.0750 - Monthly Low Sept 21
*SUP 4: 96.9875 - 2017 Low Mar 10
*COMMENTARY: Bulls have failed to capitalise on the recovery from 2018 lows
despite daily studies correcting from O/S adding support. Support emerging on
dips is a concern for bears who remain focused on 97.0750-0900 and a close below
to pressure 2017 lows. Bulls now need a close above the 21-DMA ease bearish
pressure and above the 100-DMA (97.2953) to shift initial focus to 97.3474-4000
where 55 & 200-DMAs are noted.

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