Bullish Extension *RES 4: 0.7009.......>

AUSSIE TECHS: Bullish Extension

*RES 4: 0.7009 High Jul 24

*RES 3: 0.6985 76.4% retracement of Jul 19 - Oct 2 decline

*RES 2: 0.6955 High Jul 26

*RES 1: 0.6939 Intraday high

*PRICE: 0.6925 @ 06:49 GMT Dec 13

*SUP 1: 0.6907 Intraday low

*SUP 2: 0.6868 Low Dec 12

*SUP 3: 0.6800 Low Dec 10

*SUP 4: 0.6754/52 Low Nov 29 / Low Oct 17

AUDUSD extends this weeks rally and has also traded above the key resistance of

0.6930, Oct 31 high overnight in the Asia session. This reinforces current

bullish conditions and has also confirmed a resumption of a broader positive

theme that has unfolded since early October. Price has breached the 61.8%

retracement of the Jul 19 to Oct 2 low at 0.6925. This opens 0.6985, the 76.4%

retracement. Initial support is at 0.6907, today's intraday low.