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Dips Bought *RES 4: 0.7082 High Jul....>

AUSSIE TECHS
AUSSIE TECHS: Dips Bought
*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: 0.6977 High Jun 16 and key near-term resistance
*PRICE: 0.6955 @ 16:42 BST Jun 23
*SUP 1: 0.6777 Low Jun 15 and the bear trigger
*SUP 2: 0.6672/46 50-day EMA / Low Jun 1
*SUP 3: 0.6612 Low May 29
*SUP 4: 0.6568 Low May 27
AUDUSD inched higher after initial Asia-Pac session volatility. Gains recently
stalled at 0.7063, Jun 10 high. The trend condition while bullish, also recently
entered overbought territory and a pullback has allowed this condition to
unwind. Key near-term support has been defined at 0.6777, Jun 15 low. A break
would expose 0.6680, May 27 high and 0.6672, the 50-day EMA. The initial key
near-term resistance is at 0.6977 ahead of the key bull trigger at 0.7063.

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