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(M0) Net Nothing *RES 3:.......>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (M0) Net Nothing
*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: 98.7350 @ 15:47 GMT, Mar 19
*SUP 1: 98.6300 - Low Mar 18
*SUP 2: 98.5700 - Low Jan 2
*SUP 3: 98.1305 - 1.0% 10-dma envelope
Intraday volatility surged Thursday on the RBA announcement, prompting a sharp
move lower to 97.4850. Nonetheless, the recovery was swift and has net no impact
on the technical outlook. The retains the short-term downtrend as the correction
that has unfolded off the Mar 10 high of 99.4850 appears likely to extend. This
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.

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