Bullish Focus Following 'Golden........>

AUSSIE TECHS: Bullish Focus Following 'Golden Cross'

*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: 0.6977 High Jun 16 and key near-term resistance

*PRICE: 0.6943 @ 10:00 BST Jul 3

*SUP 1: 0.6805 Low Jun 22

*SUP 2: 0.6777 Low Jun 15 and the bear trigger

*SUP 3: 0.6733 50-day EMA

*SUP 4: 0.6646 Low Jun 1

AUDUSD maintained a somewhat firmer tone last week touching a high at 0.6952.

The pair formed a 'Golden Cross' last week as the 50-dma rose above that of the

200-dma. The last two golden crosses were January 2018 and July 2017, both of

which were followed by a short sharp appreciation in the pair. Key support is

0.6777, Jun 15 low and this level needs to hold to avoid a stronger bearish

reversal. Resistance is at 0.6977 initially ahead of 0.7063.