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(H9) Rate Cut Talk Underpins....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H9) Rate Cut Talk Underpins
*RES 4: 98.560 - Oct3 2016 High
*RES 3: 98.458 - 76.4% 98.700-97.675
*RES 2: 98.450 - High Nov 9 2016
*RES 1: 98.445 - 2019 High
*PRICE: 98.405 @ 16:18 GMT Mar 6
*SUP 1: 98.287 - 50-dma
*SUP 2: 98.112 - 100-dma
*SUP 3: 97.727 - 50% 96.754-98.700
*SUP 4: 97.719 - June low
2019 highs are back on the table after a dire session for Aussie bond yields:
poor GDP data was swiftly followed by a number of analysts adjust forecasts and
eye rate cuts as soon as July from the RBA. This cements the bounce from the
50-dma (which remains key support) and turns bulls' focus to the 2019 highs at
98.450. A break above here opens 98.560, the Oct 3 2016 high.

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