(H0) Inching Higher *RES 3:.....>

AUSSIE 3-YEAR TECHS: (H0) Inching Higher

*RES 3: 99.460 - High Oct 7

*RES 2: 99.455 - High Feb 2

*RES 1: 99.411 - Upper 2% Bollinger Band

*PRICE: 99.300 @ 16:56 GMT Feb 18

*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

Aussie futures crept higher alongside global bonds Tuesday, 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. Another turn lower would instead resume

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