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(H9) Ekes Out a Fresh High......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Ekes Out a Fresh High
*RES 4: 98.560 - Oct3 2016 High
*RES 3: 98.458 - 76.4% 98.700-97.675
*RES 2: 98.450 - High Nov 9 2016
*RES 1: 98.410 - 2019 High
*PRICE: 98.405 @ 15:52 GMT Feb 7
*SUP 1: 98.012 - 100-dma
*SUP 2: 97.753 - Trendline Support
*SUP 3: 97.727 - 50% 96.754-98.700
*SUP 4: 97.719 - June low
Aussie bond futures were happy to hold the entirety of their RBA-inspired gains
and managed to edge the 2019 higher to 98.41. This cements the near- and
medium-term outlook bullish, with bulls revising their targets higher to 98.45
and 98.56. For bears, a correction back below the 98.20 level is required to
accelerate any downtrend, opening support at the 50- and 100-dmas at 98.157 and
98.018 respectively.

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