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Bullish Break *RES 4: 0.6613 High......>

AUSSIE TECHS
AUSSIE TECHS: Bullish Break
*RES 4: 0.6613 High Mar 10
*RES 3: 0.6539 High Mar 11
*RES 2: 0.6518 0.764 projection of Mar 19 - 31 rally from Apr 3 low
*RES 1: 0.6492 High Mar 12
*PRICE: 0.6442@ 06:05 BST Apr 28
*SUP 1: 0.6337 Low Apr 24
*SUP 2: 0.6254 Low Apr 21 and near-term bear trigger
*SUP 3: 0.6214 Mar 31 high and former breakout level
*SUP 4: 0.6116 Low Apr 8
AUDUSD maintains a firmer tone following recent gains off last week's low of
0.6254 on Apr 21. Monday's print above 0.6445, Apr 14 high negates recent
bearish signals and instead confirms a resumption of the recovery that has been
in place since Mar 19. The focus turns to 0.6492, Mar 12 high and 0.6518, a
Fibonacci projection. On the downside, key short-term support has been defined
at 0.6254, a break is required to undermine the current bullish cycle.
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets

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