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

AUSSIE 3-YEAR TECHS
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: 99.710 @ 17:02 BST Jul 09
*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.

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