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(H9) Lacking Direction *RES....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) Lacking Direction
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.0900 - Oct3 2016 High
*RES 1: 97.9650 - Jan3 2019 High
*PRICE: 97.6850 @ 16:32 GMT, Jan21
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
10yr futures finished last week close to the lows, placing the onus on the bears
this week. Bears need to clear the 50-dma at 97.5310 to fully regain control,
targeting a move toward the 61.8% Fib retracement for the 91.19-97.965 move at
97.4861. Bulls continue to target 97.7549 as the first target. Any rally through
the year's best levels opens the Oct 3 2016 high at 98.0900 and a break opens
the 2016 high at 98.2000.

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