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(H9) Broken Trendline..........>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (H9) Broken Trendline Support
*RES 3: 98.2000      - Aug2 2016 High
*RES 2: 98.0900      - Oct3 2016 High
*RES 1: 97.9650      - Jan3 2019 High
*PRICE: 97.8600      @ 16:25 GMT, Feb 28
*SUP 1: 97.1900      - Nov 9 low
*SUP 2: 97.1450      - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
The Aussie 10-yr breached up trend line support off the Nov 9 low, despite this
pullbacks have so far remained shallow. This brings the 50-dma into view at
97.7754, below here would see bears regain control, targeting a move toward the
61.8% Fib retracement of 91.19-97.965 & 200-dma at 97.4861/97.4550. Bulls need
to recover the Feb 8 high at 97.9350, before challenging multi-year highs at
98.0900.

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