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Appears Vulnerable *RES 4: 0.7082......>

AUSSIE TECHS
AUSSIE TECHS: Appears Vulnerable
*RES 4: 0.7082 High Jul 19, 2019
*RES 3: 0.7063 High Jun 10 and the bull trigger
*RES 2: 0.7005 High Jun 11
*RES 1: 0.6977 High Jun 16
*PRICE: 0.6895 @ 17:18 BST Jun 17
*SUP 1: 0.6777 Low Jun 15 and the bear trigger
*SUP 2: 0.6646 Low Jun 1
*SUP 3: 0.6637 50-day EMA
*SUP 4: 0.6568 Low May 27
AUDUSD gains stalled last week at 0.7063, Jun 10 high. The trend condition while
bullish, recently entered overbought territory and the recent pullback has
allowed this condition to start unwinding. A key near-term support has been
defined at the Monday low of 0.6777. A break would expose support at 0.6680, May
27 high and 0.6637, the 50-day EMA. On the upside, resistance is at 0.7005 ahead
of the key level at 0.7063.

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