Downside Threat Remains *RES 4:........>

AUSSIE TECHS: Downside Threat Remains

*RES 4: 0.6930 High Oct 31 and bull trigger

*RES 3: 0.6924 200-DMA

*RES 2: 0.6906 High Nov 8

*RES 1: 0.6835 High Nov 19 and key near-term resistance

*PRICE: 0.6776 @ 10:42GMT Nov 29

*SUP 1: 0.6759/52 Low Nov 29 / Low Oct 17

*SUP 2: 0.6732 76.4% retracement of Oct 2 - Oct 31 rally

*SUP 3: 0.6724 Low Oct 16

*SUP 4: 0.6710 Low Oct 10

AUDUSD is likely to remain under pressure having breached former support at

0.6768, Nov 25 low. The trend remains down following the recent break of

trendline support, drawn off the Oct 2 low. The break 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.