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

AUSSIE 3-YEAR TECHS: (H0) Remains Vulnerable

*RES 3: 99.360 - High Dec 12

*RES 2: 99.335 - High Dec 13

*RES 1: 99.300 - High Dec 17

*PRICE: 99.280 @ 16:33 GMT Dec 17

*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

Aussie 3-yr futures edged slightly higher Tuesday, inching above the Monday high

to touch 99.30. Nonetheless, this recovery is still being 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.