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Corrective Mode Intact *RES 4:.........>

AUSSIE TECHS
AUSSIE TECHS: Corrective Mode Intact
*RES 4: 0.7082 High Jul 19, 2019
*RES 3: 0.7063 High Jun 10 and the bull trigger
*RES 2: 0.7005 High Jun 11
*RES 1: 0.6912 High Jun 12
*PRICE: 0.6842 @ 16:46 BST Jun 15
*SUP 1: 0.6777/75 Intraday low / Low Jun 2
*SUP 2: 0.6646 Low Jun 1
*SUP 3: 0.6615 50-day EMA
*SUP 4: 0.6568 Low May 27
AUDUSD gains stalled last week at Wednesday's high of 0.7063. The trend
condition while bullish, recently entered overbought territory and the pullback
is allowing this overbought position to unwind. Further weakness would exposes
support at
0.6775, Jun 2 low and potentially 0.6646, Jun 1 low. On the upside, a break of
0.7063, the bull trigger, would resume bullish activity.

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