(H0) Low Defined At 99.300......>

AUSSIE 3-YEAR TECHS: (H0) Low Defined At 99.300 For Now

*RES 4: 99.714 - 2.0% Upper Bollinger Band

*RES 3: 99.675 - High Mar 8 and bull trigger

*RES 2: 99.645 - High Mar 13

*RES 1: 99.470 - High Mar 16

*PRICE: 99.440 @ 18:11 GMT Mar 13

*SUP 1: 99.300 - Low Jan 16 and key near-term support

*SUP 2: 99.225 - Low Feb 6

*SUP 3: 99.200 - Low Jan 16

*SUP 4: 99.180 - Low Jan 10 and 14

Aussie 3yr sold off sharply to 99.300 before rebounding equally sharply. The

corrective downleg has seen price trade through the 50-day EMA at 99.392. It is

possible that the correction lower has unwound the recent overbought condition

though. If the correction is over, price will need to hold above 99.300. A

recovery would refocus attention on 99.645, Mar 13 high ahead of recent highs at

99.675. A break below 99.300 resumes the downleg.