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Breaches Key Support: *RES 4: 0.6870...>

AUSSIE TECHS
AUSSIE TECHS: Breaches Key Support:
*RES 4: 0.6870 High Sep 17
*RES 3: 0.6831 High Sep 19
*RES 2: 0.6806/09 High Sep 24 / High Sep 20
*RES 1: 0.6781 Sep 26 high
*PRICE: 0.6714 @ 05:02 GMT Oct 2
*SUP 1: 0.6672 Low Oct 1
*SUP 2: 0.6645 0.618 projection of Jul 19 - Aug 7 decline from Sep 12 high
*SUP 3: 0.6632 2.0% 10-dma envelope
*SUP 4: 0.6567 Low Mar 18 2009
AUDUSD sold off sharply yesterday cracking supports and resulting in the print
of fresh multi-year lows at 0.6672. Prices did however recover off the low. To
reinforce the current bearish theme, the pair needs to trade below 0.6672 to
confirm a resumption of the bearish move and also confirm a clear break of the
former support around 0.6677/90 breached yesterday. Initial resistance is at
0.6781, Sep 26 high.

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