(H0) Recovery Accelerates.......>

AUSSIE 3-YEAR TECHS: (H0) Recovery Accelerates

*RES 3: 99.270 - High Dec 19

*RES 2: 99.233 - 50-dma

*RES 1: 99.210 - High Jan 03

*PRICE: 99.180 @ 15:56 GMT Jan 03

*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

Aussie 3yr futures suffered a weak finish to 2019, but the recovery over the

first few 2020 sessions accelerated Friday as bears took a breather, returning

prices back above the Dec20 high. Nonetheless, the market remains weak and has

been under pressure. Former support at 99.085, Dec 30 low has been cleared

confirming a resumption of the current bearish cycle that has been in place

since Nov 29. The focus is on a move towards 99.041 and 99.018 next, both

Fibonacci projection levels.