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Bounce refocuses sights on 0.6822:.....>

AUSSIE TECHS
AUSSIE TECHS: Bounce refocuses sights on 0.6822:
*RES 4: 0.6880 50% of Jul 19-Aug 7 sell-off
*RES 3: 0.6822 High Aug 8 and key resistance
*RES 2: 0.6799 High Aug 21
*RES 1: 0.6792 Intraday High
*PRICE: 0.6791 @ 09:17 GMT Sep 4
*SUP 1: 0.6688 Low Sep 3
*SUP 2: 0.6677 YTD low and key support
*SUP 3: 0.6600 Round number support
*SUP 4: 0.6567 Low Mar 18 2009
AUDUSD posted a swift charge higher throughout European and US hours yesterday
to defy for now, bears looking for a move south of 0.6677. A break of 0.6822,
the high of Aug 8 and key resistance is required to signal a potential trend
reversal opening 0.6880 initially. To the downside, a fall through 0.6677 would
instead confirm a resumption of the downtrend, opening 0.6600 initially. For now
0.6822 and 0.6677 remain the key directional parameters.

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