(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: 99.565 @ 15:32 GMT Mar 18

*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.