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(H9) Lowe Speech a Game.........>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Lowe Speech a Game Changer
*RES 3: 98.458 - 76.4% 98.700-97.675
*RES 2: 98.450 - High Nov 9 2016
*RES 1: 98.405 - 2019 High
*PRICE: 98.390 @ 16:09 GMT Feb 6
*SUP 1: 98.012 - 100-dma
*SUP 2: 97.753 - Trendline Support
*SUP 3: 97.727 - 50% 96.754-98.700
Aussie bond futures ripped higher across the curve Wednesday, following the
dovish turn from RBA's Lowe. The move prompted fresh mutli-year highs for 3yr
bonds, which topped out at 98.405. 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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