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(H9) Further Neutrality *RES...>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) Further Neutrality
*RES 3: 97.8200 - Nov9 2016 high
*RES 2: 97.7378 - 61.8% 98.20-96.99
*RES 1: 97.6750 - High June 15, 2017
*PRICE: 97.6500 @ 14:33GMT, Dec28
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/YTD Low
Aussie 10y futures continued their period of consolidation into the Friday
session, managing to hold recent gains and keeping bulls on the front foot
headed into the new year. This shifts attention to 2017 highs printed at 97.6750
and Fib resistance beyond at 97.7378. Positive formations in the dmas (50-dma
breaking above the 100-dma) continue to lend support to bulls. Bears need to
clear the Nov 9 low at 97.1900 to regain control, targeting a move toward the
Feb 6 ytd low at 97.0450.

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