AUSSIE 3-YEAR TECHS: (Z5) Struck by Strong CPI

• RES 3: 140.08 High Jun 13  
• RES 2: 139.05 High Aug 4 
• RES 1: 137.30 - High Sep 8 and key short-term resistance
• PRICE: 135.85 @ 16:05 BST Oct 01
• SUP 1: 135.67 - Low Sep 26 
• SUP 2: 135.39 - 1.618 proj of the Aug 4 - Sep 2 - Sep 8 swing (cont.)
• SUP 3: 134.69 - 2.000 proj of the Aug 4 - Sep 2 - Sep 8 swing (cont.)  

A bear threat in JGB futures remains present and the contract has pulled back from its recent highs. The latest sell-off has also resulted in a break of support at 136.19, the Sep 4 low and a bear trigger. Clearance of this level confirms a resumption of the downtrend and opens 135.39 next, a Fibonacci projection. Key short-term resistance has been defined at 137.30, the Sep 8 high. 

• South Korea to Sell  KRW100bn  10-Year Inflation-Linked Bonds
• Bank Indonesia to Sell 31D SVBI Bills
• Bank Indonesia to Sell 182D SVBI Bills
• Bank Indonesia to Sell 273D SVBI Bills
• Bank Indonesia to Sell 92D SVBI Bills
• Bank Indonesia to Sell 365D SVBI Bills
• Malaysia to Sell MYR1bn of 61-Days Bills
• Bank of Thailand to Sell THB25bn of 182-Days FRNs
• Bank of Thailand to Sell THB20bn of 2-Yrs FRNs 

source:  Bloomberg Finance LP /  MNI