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AUSSIE TECHS: Consolidates above 0.68:
*RES 4: 0.6986 Cloud top/100-dma
*RES 3: 0.6911/27 Low Jul 10/61.8% of Jul-Aug fall
*RES 2: 0.6880 50% of Jul-Aug fall
*RES 1: 0.6822/55 High Aug 8/Low Jun 19
*PRICE: 0.6808 @ 06:01 GMT Aug 09
*SUP 1: 0.6746 Low Aug 8
*SUP 2: 0.6677 YTD low
*SUP 3: 0.6606 Lower 3.0% 10-dma envelope
*SUP 4: 0.6576 Lower Bollinger Band (3%)
AUDUSD extended the recovery off Wednesday's multi-year low to close above the
0.68 level. This is an important development for bulls targeting a break of the
50% retracement of the Jul-Aug fall at 0.6880, ahead of the cloud top & 100-dma
at 0.6986. Failure to hold 0.68 puts immediate focus back on the multi-year low