(H0) RBA Could Usher in New.....>

AUSSIE 3-YEAR TECHS: (H0) RBA Could Usher in New Alltime Highs

*RES 4: 99.549 - 123.6% Fib projection of January rally

*RES 3: 99.512 - Upper 3% Bollinger Band

*RES 2: 99.460 - High Oct 7

*RES 1: 99.455 - High Feb 2

*PRICE: 99.430 @ 16:12 GMT Feb3

*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

Another day, another cycle high as Coronavirus dampened regional equities.

Upcoming price action, however, rests on the RBA's shoulders with markets split

on whether the bank will move forward with a rate cut at Tuesday's meeting.

Significant resistance rests at the 99.460 mark but a break through here would

open Fib projections at 99.512. 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.