Bearish Extension *RES 4: 0.6934.......>

AUSSIE TECHS: Bearish Extension

*RES 4: 0.6934 High Jan 16 and key near-term level

*RES 3: 0.6879 High Jan 23

*RES 2: 0.6843 Former trendline support

*RES 1: 0.6777 High Jan 29

*PRICE: 0.6716 @ 06:08 GMT Jan 31

*SUP 1: 0.6700 Low Jan 30

*SUP 3: 0.6688 Low Sep 3

*SUP 2: 0.6676 2.0% 10-dma envelope

*SUP 4: 0.6671 Low Oct 2 and primary support

AUDUSD went from weak to weaker Thursday, registering a fresh trend low print of

0.6700. Bearish conditions remain in place following the recent slide and break

of trendline support drawn off the Oct 2 low. The move lower confirmed a

resumption of January's bearish theme. 0.6800, the Dec 10 low and 0.6754, Nov 29

low have also been cleared. The focus is on a close below the 0.6700 handle

next, before last year's lows of 0.6677/71 can be considered.