Bulls in charge: *RES 4: 0.6927........>

AUSSIE TECHS: Bulls in charge:

*RES 4: 0.6927 61.8% Jul 19 - Aug 7 sell-off

*RES 3: 0.6911 Low Jul 7

*RES 2: 0.6880 50% of Jul 19 - Aug 7 sell-off

*RES 1: 0.6862/67 High Sep 6 / 50-dma

*PRICE: 0.6857 @ 04:42 BST Sep 9

*SUP 1: 0.6794 Low Sep 5

*SUP 2: 0.6755 Low Sep 4

*SUP 3: 0.6688 Low Sep 3

*SUP 4: 0.6677 YTD low and key support

AUDUSD begins the week on a firm note. Last weeks gains resulted in a break of

0.6822, the high of Aug 8 and a former key resistance. This signals a trend

reversal and opens 0.6880 initially. Momentum studies are pointing higher and

note too that the move above 0.6822 confirmed bullish divergence between price

and momentum. Support is seen at 0.6794, the low of Sep 5. Look for the AUD to

extend gains.