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(H9) Looks to Last Week's......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) Looks to Last Week's High
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.0900 - Oct3 2016 High
*RES 1: 97.9650 - Jan3 2019 High
*PRICE: 97.7000 @ 16:32 GMT, Jan22
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
10yr futures touched the best levels of the week Tuesday, bringing last week's
highs of 97.7350 into range. A break above here will be needed to reinvigorate
the bullish argument, which would bring in the 97.7550 Fib retracement of the
YTD range as first resistance. To the downside, bears need to clear the 50-dma
at 97.5406 to fully regain control, targeting a move toward the 61.8% Fib
retracement for the 91.19-97.965 move at 97.4861. 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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