Corrective Bounce *RES 4: 0.6827.......>

AUSSIE TECHS: Corrective Bounce

*RES 4: 0.6827 High Jan 27

*RES 3: 0.6779 Trendline resistance drawn off the Jan 2 high

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

*RES 1: 0.6737 High Feb 11

*PRICE: 0.6712 @ 16:43 GMT Feb 11

*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 with strong gains seen in the Asia session.

For now though, 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, resistance is at 0.6736 ahead of the key 0.6774/79 zone.

A break of this latter area is required to signal a reversal.