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(H0) Holding Gains *RES 4:......>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H0) Holding Gains
*RES 4: 99.549 - 123.6% Fib projection of January rally
*RES 3: 99.460 - High Oct 7
*RES 2: 99.455 - High Feb 2
*RES 1: 99.411 - Upper 2% Bollinger Band
*PRICE: 99.295 @ 16:13 GMT Feb 19
*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
The short-end of the Aussie futures market held recent gains Wednesday, but the
recent tight range has been sustained. This does little to change the
over-arching technical picture, keeping downside focus on near-term support at
99.200. Upside momentum from the most recent cycle high has now been drained
from the market, which retains significant resistance at the 99.460 mark. A
break through here would open Fib projections at 99.512.

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