Bounces Off Its Low *RES 4: 0.6827.....>

AUSSIE TECHS: Bounces Off Its Low

*RES 4: 0.6827 High Jan 27

*RES 3: 0.6788 Trendline resistance drawn off the Jan 2 high

*RES 2: 0.6774 High Feb 5 and key near-term resistance

*RES 1: 0.6736 High Feb 7

*PRICE: 0.6702 @ 06:09 GMT Feb 10

*SUP 1: 0.6660 Intraday low

*SUP 3: 0.6659 1.50 projection of Dec 31 - Jan 8 decline from Jan 16 high

*SUP 2: 0.6638 1.618 projection of Dec 31 - Jan 8 decline from Jan 16 high

*SUP 4: 0.6611 1.764 projection of Dec 31 - Jan 8 decline from Jan 16 high

AUDUSD has bounced overnight but is likely to remain under pressure near-term.

This follows last week's sell-off through the Feb 4 low of 0.6679 and more

importantly a through the primary support at 0.6671, Oct 2 low. Bearish

conditions dominate following the impulsive move lower In January and the recent

break of trendline support drawn off the Oct 2 low. The break of 0.6671 opens

0.6659 and 0.6638, both Fibonacci projections. Resistance is at 0.6736.