Correcting *RES 4: 0.6827 High Jan.....>

AUSSIE TECHS: Correcting

*RES 4: 0.6827 High Jan 27

*RES 3: 0.6774 High Feb 5 and key near-term resistance

*RES 2: 0.6771 Trendline resistance drawn off the Jan 2 high

*RES 1: 0.6737 High Feb 11 and intraday high

*PRICE: 0.6725 @ 06:15 GMT Feb 12

*SUP 1: 0.6660 Low Feb 10

*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

The AUDUSD rebound extended Tuesday and the pair remains firmer for now. Despite

this, the outlook remains bearish following last week's sell-off through the Feb

4 low of 0.6679 and more importantly through support at 0.6671, Oct 2 low. This

marked an extension of the January decline and opens 0.6659 and 0.6638. On the

upside, key resistance is at the 0.6771/74 zone. A break of this latter area is

required to signal a reversal.