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9-Day winning streak intact: *RES 4:...>

AUSSIE TECHS
AUSSIE TECHS: 9-Day winning streak intact:
*RES 4: 0.7048 High May 7
*RES 3: 0.7036/37 Cloud top/100-dma
*RES 2: 0.7023 High Jun 10
*RES 1: 0.7019 Intraday high
*PRICE: 0.7013 @ 16:18 GMT June 28
*SUP 1: 0.6976 100-hma
*SUP 2: 0.6937/26 200-hma/Low Jun 24
*SUP 3: 0.6879 Low Jun 20
*SUP 4: 0.6832 Low Jun 18
AUDUSD consolidated the break and close above 0.70 yesterday to maintain its
bullish outlook. With 10-day realised volatility on the increase, bulls initial
focus turns to 0.7021 which represents the neckline of the May-June double
bottom. A close above brings the cloud top & 100-dma back into view at
0.7036/37. Momentum studies are trending higher too, reinforcing the current
bullish tone. On the downside, support lies at 0.6976 marking the 100-hma.

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