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(H18) Below 97.0750 To.........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Below 97.0750 To Pressure 2017 Lows 
*RES 4: 97.2800 - Hourly support Jan 3 now resistance
*RES 3: 97.2200 - Hourly support Jan 17 now resistance
*RES 2: 97.2000 - Hourly resistance Jan 18
*RES 1: 97.1550 - High Jan 19
*PRICE: 97.1250 @ 2030GMT
*SUP 1: 97.0900 - Monthly Low Oct 3
*SUP 2: 97.0750 - Monthly Low Sept 21
*SUP 3: 96.9875 - 2017 Low Mar 10
*SUP 4: 96.9650 - Monthly Low Dec 7
*COMMENTARY: The contract is looking a little heavy with immediate bearish focus
confirmed on 97.0750-0900 where monthly lows are situated and a close below to
pressure 2017 lows. Resistance layers accumulating are weighing with O/S studies
the key concern for bears. Bulls now need a close above 97.1550 to gain
breathing room and hint at a correction back to 97.2702-4000 where key DMAs are
situated.

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