Trial now
AUSSIE BONDS

Back To Neutral Levels

AUD

Continues Slide

CROSS ASSET

Risk Assets Struggling On Evergrande Worry?

SGD

Lower For Third Session

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 135-22 2.618 proj of Jun 17 - 21 - 25 price swing
  • RES 3: 135-19+ 50% Aug'20 - May'21 Sell-Off
  • RES 2: 135-09 High Feb 25
  • RES 1: 135-07 High Jul 20 and the bull trigger
  • PRICE: 134-14+ @ 20:43 BST Jul 28
  • SUP 1: 133-26 Low Jul 19
  • SUP 2: 132-31/30 50-day EMA / Low Jul 14 and high Jun 21
  • SUP 3: 131-24+ Low Jun 25
  • SUP 4: 132-22+ Bull channel base drawn off the May 30 low

Treasury futures are unchanged and the contract remains below 135-07, Jul 20 high. Gains on Jul 19 resulted in a break of the bull channel top drawn from the Mar 30 low. This is a bullish development even though price is back inside the channel. Key S/T support is at 133-26, Jul 19 low and the outlook is bullish above it. A break lower would signal scope for a deeper pullback. 135-07 is the bull trigger, a break opens 135-19+, a retracement level.