(H0) Looks Fatigued *RES 4:.....>

AUSSIE 3-YEAR TECHS: (H0) Looks Fatigued

*RES 4: 100.000 - Handle Resistance

*RES 3: 99.805 - 123.6% Fib Projection of February rally

*RES 2: 99.696 - 2.0% Upper Bollinger Band

*RES 1: 99.675 - High Mar 8

*PRICE: 99.615 @ 16:50 GMT Mar 12

*SUP 1: 99.200 - Low Jan 16

*SUP 2: 99.180 - Low Jan 10, 14 and 14 and near-term key support

*SUP 3: 99.085 - Low Jan 3

*SUP 4: 99.055 - Low Dec 31 and primary support

For a second consecutive session, rallies were sold Thursday as the recent

uptrend has trouble extending. This weakens the upside argument and leaves the

most likely direction from here to be sideways. For markets to recover higher

still, Aussie 3yr futures need to take out the cluster of highs layered between

99.665 - 99.675. A 99.355 print would be needed to moderate the bullish outlook.