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(H0) Needs a Clean Break of.....>

AUSSIE 3-YEAR TECHS
AUSSIE 3-YEAR TECHS: (H0) Needs a Clean Break of 50-dma
*RES 4: 99.300 - High Dec 17
*RES 3: 99.270 - High Dec 19
*RES 2: 99.266 - 100-dma
*RES 1: 99.245 - High Jan 07
*PRICE: 99.240 @ 16:40 GMT Jan 07
*SUP 1: 99.055 - Low Dec 31
*SUP 2: 99.041 - 1.500 projection of Dec 10 - Dec 13 decline from Dec 17 high
*SUP 3: 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 showed above the 50-dma for a second session Tuesday, but
bulls will need a decent close above here to cement a break. This would extend
their firm 2020 performance into the latter half of the week to open the 100-dma
and levels not seen since Dec19. To the downside, bears could easily recapture
the balance of power on a move through 99.041 and 99.018, both Fibonacci
projection levels.

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