(M0) Correction Extends *RES...>

AUSSIE 10-YEAR TECHS: (M0) Correction Extends

*RES 3: 99.5598 - 1.236 projection of the Jan 2 -Feb 4 rally from Feb 13 low

*RES 2: 99.4850 - High Mar 10 and bull trigger

*RES 1: 99.2600 - High Mar 12

*PRICE: 98.7150 @ 15:42 GMT, Mar 18

*SUP 1: 98.6300 - Low Mar 18

*SUP 2: 98.5700 - Low Jan 2

*SUP 3: 98.1305 - 1.0% 10-dma envelope

Aussie 10yr futures remain in a short-term downtrend as the correction that has

unfolded off the Mar 10 high of 99.4850 appears likely to extend. The break of

the Mar 16 low at 98.8775 as well as the retracement support at 98.7848 has

weakened the outlook and opens early 2020 lows at 98.5700. On the upside, a

break of resistance at 99.3600, Mar 12 high is needed to ease the current

bearish risk and open the 99.4850 bull trigger, Mar 10 high.