Defies 0.6677 bear trigger: *RES 4:....>

AUSSIE TECHS: Defies 0.6677 bear trigger:

*RES 4: 0.6880 50% of Jul 19-Aug 7 sell-off

*RES 3: 0.6822 High Aug 8 and key resistance

*RES 2: 0.6799 High Aug 21

*RES 1: 0.6788 High Aug 26

*PRICE: 0.6754 @ 16:14 GMT Sep 3

*SUP 1: 0.6688 Intraday low

*SUP 2: 0.6677 YTD low and key support

*SUP 3: 0.6600 Round number support

*SUP 4: 0.6567 Low Mar 18 2009

After heading into the European open lower, the pair posted a swift charge

higher throughout European and US hours to defy bears looking for a move south

of 0.6677. A break of 0.6822, the high of Aug 8, would signal a potential trend

reversal opening 0.6880 initially. To the downside, a fall through 0.6677 would

confirm a resumption of the downtrend, opening 0.6600 initially. Directional

indicators remain bearish so for now.