Clears Key Resistance And Resumes......>

AUSSIE TECHS: Clears Key Resistance And Resumes Uptrend

*RES 4: 0.7222 1.764 projection of the Mar 19 - 31 rally from Apr 3 low

*RES 3: 0.7119 1.618 projection of the Mar 19 - 31 rally from Apr 3 low

*RES 2: 0.7100 Round number resistance

*RES 1: 0.7082 High Jul 19, 2019

*PRICE: 0.7069 @ 11:00 BST Jul 21

*SUP 1: 0.7010 Intraday low

*SUP 2: 0.6944 20-day EMA

*SUP 3: 0.6922/21 Low Jul 7 / Low Jul 14

*SUP 4: 0.6833 Low Jun 30 and key support

AUDUSD is pushing higher and has cleared former resistance at 0.7063, Jun 10

high. The breach of this hurdle has confirmed a resumption of the underlying

uptrend that has been in place the reversal on Mar 19. Attention turns to the

next objective at 0.7119, a Fibonacci projection level. On the downside, the key

near-term support remains 0.6922/21, Jul 7 and 14 low. A break is required to

sour the current positive tone.