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(H0) Momentum Lacking *RES 4:...>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H0) Momentum Lacking
*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: 99.585 @ 16:16 GMT Mar 9
*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
Aussie 3yr futures held close to recent highs but even the RBA and Fed rate cuts
last week left bulls wanting. The erratic rally seems to be moderating for now
leaving the most likely direction from here to be sideways. This keeps upside
targets pointed higher, but looking slightly out of reach for now. A 99.355
print needed to moderate the bullish outlook.

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