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

AUSSIE TECHS
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: 0.6917 @ 10:38 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 continues to extend this weeks rally and has also traded above the former
key resistance of 0.6930, Oct 31 high. Despite pulling back off the earlier
high, current bullish conditions remain intact and today's gains have confirmed
a resumption of a broader positive theme that has unfolded since early October.
Price has probed 0.6925, 61.8% of Jul 19 - Oct 2 decline. This opens the 0.6985,
76.4% level. Initial support is at 0.6907, today's intraday low.

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