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CHINA PRESS

China GDP May Grow 8.7% In 2021: Daily

CHINA RATES

China Repo Rates Rises Thursday

CHINA PRESS

Shanghai Toughens Housing Markets: Xinhua News

AUSTRALIA DATA

Australia Jan Exports +6.0%; Surplus +AUD10.14 Bn

OIL TECHS
OIL TECHS: NYMEX WTI: (H18) Below $62.78 To Target $58.82-60.75 
*RES 4: $69.54 - High Dec 1 2014 
*RES 3: $66.66 - 2018 High Jan 25 
*RES 2: $65.68 - Hourly resistance Jan 29 
*RES 1: $65.19 - Hourly resistance Jan 30
*PRICE: $64.71 @ 2030GMT
*SUP 1: $63.62 - 21-DMA 
*SUP 2: $62.78 - Low Jan 19 
*SUP 3: $62.05 - High Jan 4 now support 
*SUP 4: $60.75 - High Jan 2 now support
*COMMENTARY: The 21-DMA is currently supporting as daily studies correcting from
O/B add weight to the bearish case. In saying that, bears continue to look for a
close below $62.78 to confirm traction below the 21-DMA and initially focus on
$58.82-60.75 where the 55-DMA ($59.92) is found. Bulls now look for a close
above $65.68 to reconfirm focus on $69.54 (Dec 1 2014 high).