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Bullish Focus Maintained *RES 4:.......>

AUSSIE TECHS
AUSSIE TECHS: Bullish Focus Maintained
*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: 0.6936 @ 11:59 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 traded firmer again Thursday, touching a new high at 0.6952. The pair
formed a 'Golden Cross' this 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 spell of strength 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.

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