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(H9) Status Quo *RES 3:........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) Status Quo
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.0900 - Oct3 2016 High
*RES 1: 97.9650 - Jan3 2019 High
*PRICE: 97.7550 @ 16:25 GMT, Jan28
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
Monday's holiday kept volumes and price action muted, keeping the momentum in
favour of the bulls following the break above firm resistance last week. This
keeps Jan2 highs of 97.9650 in play. To the downside, bears need to clear the
50-dma at 97.5708 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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