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Correction Still In Play *RES 4:.......>

AUSSIE TECHS
AUSSIE TECHS: Correction Still In Play
*RES 4: 0.6911 Low Jul 10
*RES 3: 0.6895 High Sep 12 and key resistance
*RES 2: 0.6883 High Oct 22
*RES 1: 0.6858 High Oct 24
*PRICE: 0.6830 @ 10:11 GMT Oct 28
*SUP 1: 0.6809 Low Oct 25
*SUP 2: 0.6766/52 Trendline support drawn off Oct 2 low / Low Oct 17
*SUP 3: 0.6724 Low Oct 16
*SUP 4: 0.6710 Low Oct 10
AUDUSD is finding some support this morning however the pair remains in a
corrective mode for now. A deeper pullback would open S/T trendline support
drawn off the Oct 2 low that intersects at 0.6766. From a broader perspective,
the trend outlook remains bullish with the focus on key resistance at 0.6895,
Sep 12 high. A break here would represent an important technical development and
confirm a potential broad double bottom reversal pattern.

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