Comfortable in its range: *RES 4:......>

AUSSIE TECHS: Comfortable in its range:

*RES 4: 0.6956 100-dma

*RES 3: 0.6927 61.8% of Jul 19-Aug 7 sell-off

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

*RES 1: 0.6822 High Aug 8 and range top

*PRICE: 0.6762 @ 04:32 GMT Aug 22

*SUP 1: 0.6736 Low Aug 14 and range base

*SUP 2: 0.6677 YTD low and key support

*SUP 3: 0.6600 Round number support

*SUP 4: 0.6567 Low Mar 18 2009

AUDUSD finds comfort within its 0.6822-0.6736 range. These levels continue to

represent important directional triggers. A break of support at 0.6736 would

reinforce a bearish theme and expose the Aug 7 low of 0.6677 once again, where a

break resumes the downtrend. On the upside, the doji formed on Aug 7 is

significant in that it signals a base. A break of 0.6822 is required to trigger

bullish activity though. This would open the 50% retracement level at 0.6880.