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(H9) Uptrend Stalls *RES 3:....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) Uptrend Stalls
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.0900 - Oct3 2016 High
*RES 1: 97.9650 - Jan3 2019 High
*PRICE: 97.7050 @ 16:18 GMT, Jan15
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
Little change Tuesday, after printing 97.9650 alongside the currency flash crash
at the beginning of the year, the over-arching bull theme was called into
question as prices retreated, but 10yr futures have proved more constructive
over the past few sessions, allowing bulls 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. Bears need to clear the Nov
9 low at 97.1900 to regain control, targeting a move toward the Feb 6 2018 low
at 97.0450.

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