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Downside Extension *RES 4: 0.6926......>

AUSSIE TECHS: Downside Extension
*RES 4: 0.6926 200-DMA
*RES 3: 0.6930 High Oct 31 and bull trigger
*RES 2: 0.6906 High Nov 8
*RES 1: 0.6835 High Nov 19 and key near-term resistance
*PRICE: 0.6765 @ 06:06 GMT Nov 28
*SUP 1: 0.6759 Intraday low
*SUP 1: 0.6752 Low Oct 17
*SUP 3: 0.6732 76.4% retracement of Oct 2 - Oct 31 rally
*SUP 4: 0.6724 Low Oct 16
AUDUSD has traded lower overnight breaching former support at 0.6768, Nov 25
low. The outlook remains bearish following the recent break of trendline
support, drawn off the Oct 2 low. The breach represented a S/T bearish
development with momentum studies also pointing south. The focus is on 0.6732,
76.4% retracement of the Oct 2 - Oct 31 rally and 0.6724, Oct 16 low. Resistance
at 0.6835 needs to be cleared to offset the bearish threat.

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