AUD G10 crosses are hitting fresh session....>

AUSSIE: AUD G10 crosses are hitting fresh session lows after the release of

softer than exp. AU Q4 GDP partials, with company operating profits slowing to

+0.8% Q/Q vs. exp. +3.0% & inventories falling deeper into contractionary

territory, printing at -0.2% Q/Q vs. exp. +0.3%. Also worth mentioning AU

building approvals came at +2.5% M/M vs. exp. +1.0%.

- AUD/USD last trades at $0.7081, unch. on the day. Bears look for a break below

the Feb21/cloud top at $0.7070, followed by the lower 1.0% 10-DMA envelope at

$0.7058.

- AUD/NZD last seen at NZ$1.0395, 16 pips lower on the day. Initial support

noted at Feb 14 low of NZ$1.0369. A breach of that level would allow bears to

attempt a run at the lower 1.0% 10-DMA at NZ$1.0315.

- AUD/JPY last sits at Y79.27, 5 pips better off, as JPY is pressured by a

general risk-on theme. Bears look to the Y79.00 figure, followed by the 21-DMA

at Y78.86, while bulls look for a break above Y79.65, which capped Friday's

gains.