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(H9) Holding Better *RES 3:....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) Holding Better
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.0900 - Oct3 2016 High
*RES 1: 97.9650 - Jan3 2019 High
*PRICE: 97.7750 @ 16:18 GMT, Jan31
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
Prices held the recent range Thursday (unlike the bond counterparts lower down
the curve) helping keep the near- and medium-term outlook somewhat more
constructive. For prices to extend the January recovery, bulls need to tip above
the 50% retracement of the year's range at 97.7950 to mount a serious challenge
on the Jan3 2019 high of 97.9650. Bears now need to clear the 50-dma at 97.6077
to fully regain control, targeting a move toward the 61.8% Fib retracement for
the 91.19-97.965 move at 97.4861.

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