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China Strives To Achieve Annual Growth Target-Xi

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Spot USD/KRW Above 1300

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Supported By Lower Crude

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(M0) Rolls to New Highs *RES....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (M0) Rolls to New Highs
*RES 4: 100.000 - Handle Resistance
*RES 3: 99.805 - 123.6% Fib Projection of February rally
*RES 2: 99.721 - 4.0% Upper Bollinger Band
*RES 1: 99.705 - High Mar 1
*PRICE: 99.620 @ 16:32 GMT Mar 2
*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 hit a new high at 99.705.
Markets are likely to continue to spill higher in this erratic fashion while
newsflow remains so obstructive. This keeps upside targets pointed higher, but
current spot prices look to be running away from themselves for now and as such
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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