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(M4) Support Stays Intact For Now

AUSSIE 10-YEAR TECHS
Fixed Income Technical AnalysisHomepageBond Market Newsmarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 3: 96.207 - 61.8% of the Mar 14 - Nov 1 ‘23 bear leg
  • RES 2: 96.160 - High Jul 20
  • RES 1: 96.110 - High Dec 28 and the bull trigger
  • PRICE: 96.005 @ 16:32 GMT Mar 28
  • SUP 1: 95.650 - Low Jan 19
  • SUP 2: 95.390/275 - Low Nov 27 / 14
  • SUP 3: 94.965 - Low Oct 31

Aussie 10yr futures edged to a new low into the Friday close - led by US Treasuries - having failed to trouble resistance. Markets need to build on recent gains through the mid-Feb highs of 95.870 to build a base ahead of 96.070, the Feb 2 high and next key resistance. 96.110, Dec 28 high, remains the bull trigger. Key support lies below at 95.390 as well as 95.275. Weakness through here would be bearish. First support to watch lies at 95.650, the Jan 19 low.

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  • RES 3: 96.207 - 61.8% of the Mar 14 - Nov 1 ‘23 bear leg
  • RES 2: 96.160 - High Jul 20
  • RES 1: 96.110 - High Dec 28 and the bull trigger
  • PRICE: 96.005 @ 16:32 GMT Mar 28
  • SUP 1: 95.650 - Low Jan 19
  • SUP 2: 95.390/275 - Low Nov 27 / 14
  • SUP 3: 94.965 - Low Oct 31

Aussie 10yr futures edged to a new low into the Friday close - led by US Treasuries - having failed to trouble resistance. Markets need to build on recent gains through the mid-Feb highs of 95.870 to build a base ahead of 96.070, the Feb 2 high and next key resistance. 96.110, Dec 28 high, remains the bull trigger. Key support lies below at 95.390 as well as 95.275. Weakness through here would be bearish. First support to watch lies at 95.650, the Jan 19 low.