Trial now
MYR

Firmer Start

FOREX

AUD Leads G10 Pack, Volatility Subdued

US TSYS

Marginally Cheaper Early On

AUSSIE BONDS

YM Nudges Lower On Lack Of YCT Purchases

RBA

ACGB Purchase Offer Details

Sign up now for free access to this content.

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

  • RES 3: 153.02 - High Apr 28 2020
  • RES 2: 152.62 - High Jul 21 and the bull trigger
  • RES 1: 151.93 High Sep 10
  • PRICE: 151.71 @ Close Sep 17
  • SUP 1: 151.65 - Low Sep 17
  • SUP 2: 151.49 - Low Jun 17
  • SUP 3: 150.88 - Low Apr 1

JGBs continue to ebb, remaining closer to the lower end of the recent range. Continued weakness has placed the recent bullish outlook on hold and with a bearish sequence of lower lows and lower highs established, further downside is likely near-term. The focus is on 151.49 next, Jun 17 low (cont). A break of this support would signal scope for a deeper pullback. Initial resistance is at 151.93, Sep 10 high.