(H0) Tops Key Resistance *RES...>

AUSSIE 3-YEAR TECHS: (H0) Tops Key Resistance

*RES 3: 99.300 - High Dec 17 and 18

*RES 2: 99.285 - High Jan 8 and key resistance

*RES 1: 99.295 - High Jan 21

*PRICE: 99.285 @ 16:08 GMT Jan 21

*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

Markets clambered through key resistance at 99.285 Tuesday, clearing the ground

for a further improvement in prices back toward the levels last seen in

mid-December. We're yet to see many signs of momentum returning in a material

way, but another up-day would signal an extension of the recovery that started

off the Dec 31 low. This opens 99.30, the Dec 17 and 18 high. 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.