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

AUSSIE 10-YEAR TECHS: (H18) Weekly Bull Channel Base The Focus 
*RES 4: 97.1850 - High Feb 9
*RES 3: 97.1830 - Daily Bear channel top
*RES 2: 97.1700 - High Feb 14, Daily Bear channel top
*RES 1: 97.1250 - High Feb 16
*PRICE: 97.1050 @ 2030GMT
*SUP 1: 97.0450 - 2018 Low Feb 6
*SUP 2: 96.9650 - Monthly Low Dec 7 2015
*SUP 3: 96.9570 - Daily Bear channel base
*SUP 4: 96.9080 - LT Bull channel base off 2008 Low
*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 (96.9080).
Bears look for a close below 96.7900 (2015 low) to confirm a break of the
channel base and potentially target 95.5800. Bulls need a close above 97.1250 to
gain breathing room and above 97.2350 to shift initial focus to 97.2650-3300
where 55, 100 & 200-DMAs are located.

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