(H0) Corrective Mode *RES 3:...>

AUSSIE 10-YEAR TECHS: (H0) Corrective Mode

*RES 3: 99.5598 - 1.236 projection of the Jan 2 -Feb 4 rally from Feb 13 low

*RES 2: 99.4850 - High Mar 10 and bull trigger

*RES 1: 99.2600 - High Mar 12

*PRICE: 99.0300 @ 18:45 GMT, Mar 16

*SUP 1: 98.8775 - Low Mar 16

*SUP 2: 98.7848 - 61.8% retracement of the Jan 2 - Mar 10 rally (cont)

*SUP 3: 98.7150 - Low Jan 14

Aussie 10yr remains in a short-term downtrend as the correction that has

unfolded off the Mar 10 high of 99.4850 appears likely to extend. A break of the

Mar 16 low of 98.8775 would pave the way for weakness towards 98.7848 (cont),

76.4% retracement of the rally between Jan 1 and Mar 10. On the upside, a break

of resistance at 99.3600, Mar 12 high is needed to ease the current bearish risk

and open the 99.4850 bull trigger, Mar 10 high.