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Breaches Resistance *RES 4: 0.7082......>

AUSSIE-KIWI
AUSSIE-KIWI: Breaches Resistance
*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: 0.6998 High Jul 6
*PRICE: 0.6974 @ 06:13 BST Jul 7
*SUP 1: 0.6833 Low Jun 30
*SUP 2: 0.6805 Low Jun 22
*SUP 3: 0.6777 Low Jun 15 and the bear trigger
*SUP 4: 0.6750 50-day EMA
AUDUSD crept higher yesterday and maintains firmer tone. The pair has traded
above resistance at 0.6977, Jun 16 high reinforcing bullish conditions. This
paves the way for a climb towards the key resistance at 0.7063, Jun 10 high. A
break would confirm a resumption of the underlying bull trend. Last week's
'Golden Cross' where the 50-dma rises above the 200-dma also highlights the
bullish theme. Initial firm support lies at 0.6833, Jun 30 low.

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