(H0) Trades Below The 50-day...>

AUSSIE 10-YEAR TECHS: (H0) Trades Below The 50-day EMA

*RES 3: 99.4800 - Contract high Mar 10

*RES 2: 99.3150 - High Mar 13

*RES 1: 99.0400 - High Mar 16

*PRICE: 99.9700 @ 18:12 GMT, Mar 13

*SUP 1: 98.8725 - Low Mar 16

*SUP 2: 98.7150 - Low Jan 14 and key near-term support

*SUP 3: 98.5700 - Low Jan 2

Aussie 10yr has traded down to 98.8725 and thus far found support at this low.

Yesterday prices traded below the 50-day MA at 99.0419 and reinforces the

current bearish threat. However, if a base has been defined at 98.8725 and if

the correction lower has run its course, futures need to trade back above the

EMA and hold above it. This would signal scope for a climb higher towards

99.3150, the Mar 13 high. A move below 98.8725 resumes the downleg.