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(H9) 97.8250 Next Up *RES 3:...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) 97.8250 Next Up
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.0900 - Oct3 2016 High
*RES 1: 97.9650 - Jan3 2019 High
*PRICE: 97.8550 @ 15:51 GMT, Feb18
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
After a quiet session Friday, 10y futures started the week on the backfoot,
prompting focus to turn lower as bears initially eye the 97.8250 support level
ahead of the 50-dma at 97.7178. A fall through here would see bears fully regain
control, targeting a move toward the 61.8% Fib retracement for the 91.19-97.965
move at 97.4861 To the upside, a break back above the Feb8 highs of 97.9350
would open 97.9650 and 98.09 above there.

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