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Fresh Low Print *RES 4: 0.6496.........>

AUSSIE TECHS
AUSSIE TECHS: Fresh Low Print
*RES 4: 0.6496 20-day EMA
*RES 3: 0.6492 High Mar 12
*RES 2: 0.6326 High Mar 13
*RES 1: 0.6149 Intraday high
*PRICE: 0.6045 @ 09:46 GMT Mar 17
*SUP 1: 0.6005 2.250 projection of Jul - Oct 2019 decline from Dec 31 high
*SUP 2: 0.6000 Psychological round number
*SUP 3: 0.5956 2.618projection of Jul - Oct 2019 decline from Dec 31 high
*SUP 4: 0.5896 2.764 projection of Jul - Oct 2019 decline from Dec 31 high
AUDUSD continues to trade down with a fresh low print this morning. Volatile
price action early last week saw the Aussie trade to a low of 0.6313 on Mar 9
before rebounding sharply. The move lower highlighted a continued bearish threat
and this was again confirmed Thursday and Friday as the pair traded lower. The
outlook remains bearish and the focus is on weakness towards the 0.6000 level
next. Friday's high of 0.6326 marks an initial firm resistance.

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