(H0) Remains Vulnerable *RES....>

AUSSIE 3-YEAR TECHS: (H0) Remains Vulnerable

*RES 4: 99.400 - Low Nov 29

*RES 3: 99.360 - High Dec 12

*RES 2: 99.335 - High Dec 13

*RES 1: 99.280 - High Dec 16

*PRICE: 99.230 @ 17:48 GMT Dec 16

*SUP 1: 99.200 - Low Dec 13

*SUP 2: 99.162 - 1.236 projection of Nov 29 - Dec 3 decline from Dec 10 high

*SUP 3: 99.139 - 1.382 projection of Nov 29 - Dec 3 decline from Dec 10 high

*SUP 4: 99.120 - 1.500 projection of Nov 29 - Dec 3 decline from Oct 25 high

Aussie 3-yr futures were firmer Monday however today, futures are in retracement

mode. Recent gains were viewed as a correction following the sharp sell-off on

Dec 13. This move lower resulted in a break of 99.245, Dec 3 low and reinforced

the near-term bearish risk. The trigger for fresh weakness is at 99.200 where a

break would open 99.162 and 99.139, both Fibonacci projection levels. On the

upside, resistance is at 99.335, Dec 13 high.