(U0) Testing Key Support *RES...>

AUSSIE 3-YEAR TECHS: (U0) Testing Key Support

*RES 3: 99.780 - High Apr 01 and bull trigger

*RES 3: 99.750 - High May 21 and 22

*RES 1: 99.730 - Congestion highs between Jun 15 - 22

*PRICE: 99.700 @ 16:25 BST Jul 07

*SUP 1: 99.690 - Low Jun 05 and key support

*SUP 2: 99.665 - 100-dma

*SUP 3: 99.645 - Low Mar 20

The short-end of the Aussie is trading at the lows of last week testing support

at 99.700. A break of this level would signal scope for an extension lower

towards 99.690, Jun 8 low. Clearance of these two levels would also represent a

potentially significant technical break. On the upside, the initial hurdle for

bulls is at the 99.730 congestion, highs between Jun 15 - 22. A break would

signal scope for a climb towards 99.780, Apr 1 high further out.