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Decent round trip: *RES 3: 0.6822......>

AUSSIE TECHS
AUSSIE TECHS: Decent round trip:
*RES 3: 0.6822 High Aug 8 and key resistance
*RES 2: 0.6799 High Aug 21
*RES 1: 0.6788 Intraday high
*PRICE: 0.6781 @ 15:55 GMT Aug 26
*SUP 1: 0.6690 Intraday low
*SUP 2: 0.6677 YTD low and key support
*SUP 3: 0.6600 Round number support
The pair posted a solid range Monday, staging a near 1.5% rally from the day's
lows. Markets failed to test the YTD lows at 0.6677, saving bulls from any
further leg lower. A break below that mark would confirm a resumption of the
downtrend, opening 0.6600 initially. Recent activity has defined a key
resistance at 0.6822, the high of Aug 8. A break of this level is required
signal a reversal. Until then, the downtrend dominates and further weakness is
likely.

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