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(H0) Bears Take A Breather......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H0) Bears Take A Breather
*RES 4: 99.300 - High Dec 17
*RES 3: 99.270 - High Dec 19
*RES 2: 99.195 - High Dec 20
*RES 1: 99.162 - 38.2% Dec13 - Dec31 fall
*PRICE: 99.155 @ 15:38 GMT Jan 02
*SUP 1: 99.055 - Low Dec 31
*SUP 3: 99.041 - 1.50 projection of Dec 10 - Dec 13 decline from Dec 17 high
*SUP 4: 99.018 - 1.764 projection of Dec 10 - Dec 13 decline from Dec 17 high
*SUP 4: 99.000 - Round number Support
Aussie 3yr futures weakened into 2019's final close, before bears took a modest
breather Thursday to return prices above the 99.15 resistance. Nonetheless, the
market remains weak and has been under pressure. Former support at 99.085, Dec
30 low has been cleared confirming a resumption of the current bearish cycle
that has been in place since Nov 29. The focus is on a move towards 99.041 and
99.018 next, both Fibonacci projection levels.

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