(M0) Still Trading Below The....>

AUSSIE 3-YEAR TECHS: (M0) Still Trading Below The Mar 9 High

*RES 4: 99.778 - 1.382 projection of Dec 31 - Feb 3 rally from Feb 6 low (cont)

*RES 3: 99.719 - 1.236 projection of Dec 31 - Feb 3 rally from Feb 6 low (cont)

*RES 2: 99.750 - High Mar 19 and the bull trigger

*RES 1: 99.680 - High Mar 13

*PRICE: 99.585 @ 15:41 GMT Mar 17

*SUP 1: 99.440 - Low Mar 16

*SUP 2: 99.300 - Recent low (cont)

*SUP 3: 99.225 - Low Feb 6 and 13 (cont)

*SUP 4: 99.180 - Low Jan 10, 14 and 15 (cont)

Aussie 3yr remains below the Mar 9 low. The recent pullback in price action is

considered corrective. This theme is seen likely to persist for now, unless

futures are able to trade above resistance at 99-680, Mar 13 high. A break of

the Mar 16 low would trigger deeper short-term losses and open the 99.300 level,

a recent low of the continuation chart. On the upside, clearance of 99-680 would

instead expose the key bull trigger at 99.75.