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(M0) Another Day, Another.......>

AUSSIE 3-YEAR TECHS: (M0) Another Day, Another High
*RES 4: 99.655 - 150% Fib projection of January rally
*RES 3: 99.608 - 138.2% Fib projection of January rally
*RES 2: 99.588 - 3% Upper Bollinger Band
*RES 1: 99.590 - High Feb 28
*PRICE: 99.575 @ 16:27 GMT Feb 28
*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
With the roll now largely complete, Aussie 3yr futures continue to spill high in
one-way traffic. New highs have now been printed at 99.590, bumping upside
targets upwards. Markets found some resistance ahead of vol band resistance at
99.593, which becomes the first hurdle ahead of new highs. Prices are likely to
moderate here as they sit in overbought conditions, with a 99.355 print needed
to moderate the bullish outlook.

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