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Ruling Party Oust Secretary General Thamanat

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China Repo Rates Fall On Thursday

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  • RES 3: 98.880 - High Aug 31 2021
  • RES 2: 98.755 - High Sep 23
  • RES 1: 98.390 - High Oct 15 and a key S/T resistance
  • PRICE: 98.310 @ 16:34 GMT Nov 26
  • SUP 1: 97.855 - Low Oct 29
  • SUP 2: 97.625 - 76.4% 2018-20 Range
  • SUP 3: 97.485 - Low Mar 19, 2020

Strength across Aussie 10y futures was evident into the Friday close, with prices rallying to touch 98.310. This opens the potential for gains towards 98.390, the Oct 15 high. The broader trend outlook remains bearish however and any resumption of weakness would refocus attention on the bear trigger at 97.855, Oct 29 low.