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Bullish Price Sequence *RES 4:.........>

AUSSIE TECHS
AUSSIE TECHS: Bullish Price Sequence
*RES 4: 0.6750 High Feb 12
*RES 3: 0.6685 High Mar 9 and a key resistance
*RES 2: 0.6675 High May 26
*RES 1: 0.6659 2.0% 10-dma envelope
*PRICE: 0.6657 @ 10:37 BST May 27
*SUP 1: 0.6506 Low May 22
*SUP 2: 0.6402 Low May 15
*SUP 3: 0.6373 Low May 5 and key support
*SUP 4: 0.6337 Low Apr 24
AUDUSD resumed the recent uptrend in style Tuesday, briefly topping the 2.0%
10-dma envelope resistance in the process. This maintains the firm tone and
confirms a resumption of the uptrend and the positive price sequence of higher
highs and higher lows. The focus is on the 0.6684/85 resistance zone, a
Fibonacci projection and Mar 9 high. On the downside, initial firm support has
been defined at 0.6506, May 22 low.

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