Bullish Outlook Intact *RES 4:.........>

AUSSIE TECHS: Bullish Outlook Intact

*RES 4: 0.6930 High Oct 31 and key resistance

*RES 3: 0.6916 200-day MA

*RES 2: 0.6888 76.4% retracement of the Oct 31 - Nov 29 decline

*RES 1: 0.6862/63 High Dec 3 / 61.8% of Oct 31 - Nov 29 decline

*PRICE: 0.6847 @ 10:32 GMT Dec 6

*SUP 1: 0.6813 Low Dec 4

*SUP 2: 0.6754/52 Low Nov 29 / Low Oct 17

*SUP 3: 0.6732 76.4% retracement of Oct 2 - Oct 31 rally

*SUP 4: 0.6724 Low Oct 16

AUDUSD remains in consolidation mode. The pair has overall had a firm week so

far following Monday's rally that in candle terms was a bullish engulfing. The

subsequent breach of resistance at 0.6835, Nov 19 high reinforces the candle

pattern as a reversal signal. The next hurdle for bulls is Tuesday's high of

0.6862 and 0.6863, a 61.% retracement level. A break would open 0,6900 and

beyond. First support is 0.6813. Bullish still.