(H0) Bumps Against Key..........>

AUSSIE 3-YEAR TECHS: (H0) Bumps Against Key Resistance

*RES 4: 99.395 - High Nov 28

*RES 3: 99.364 - 76.4% Fib October - December Decline

*RES 2: 99.335 - High Dec 13

*RES 1: 99.365 - High Jan 22 / 61.8% Fib October - December Decline

*PRICE: 99.365 @ 16:30 GMT Jan 27

*SUP 1: 99.200 - Low Jan 16

*SUP 2: 99.180 - Low Jan 10, 14 and 14 and near-term key support

*SUP 3: 99.085 - Low Jan 3

*SUP 4: 99.055 - Low Dec 31 and primary support

Following Monday's market closure, Aussie bond futures were on the front foot

throughout, rallying up to key resistance at the 99.365 mark. This stopped

markets short of testing the down trendline drawn from the early October highs.

For bulls to really seize control this must be topped before re-targeting the

late November highs of 99.395. A failure to hold onto recent gains would instead

resume attention on the key support at 99.18, the Jan 10, 14 and 15 low.