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(H18) Weekly Bull Channel......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H18) Weekly Bull Channel Base The Focus 
*RES 4: 97.2000 - Hourly resistance Feb 6
*RES 3: 97.1850 - High Feb 9
*RES 2: 97.1700 - High Feb 14
*RES 1: 97.1250 - Hourly support Feb 13 now resistance
*PRICE: 97.0950 @ 2030GMT
*SUP 1: 97.0450 - 2018 Low Feb 6
*SUP 2: 96.9939 - Weekly Bull channel base (Off 2008 Low)
*SUP 3: 96.9780 - Daily Bear channel base
*SUP 4: 96.9650 - Monthly Low Dec 7 2015
*COMMENTARY: Topside failures ahead of the 97.1850 resistance resulted in a
close below 97.1250 and focus firmly on the weekly bull channel base (96.9939).
Bears look for a close below 96.9650 to confirm a break of the channel base and
potentially target 95.5895. Bulls need a close above 97.1250 to gain breathing
room and above 97.2350 to shift initial focus to 97.2797-3358 where 55, 100 &
200-DMAs are located.

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