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AUSSIE TECHS: Edging Higher
*RES 4: 0.6911 Low Jul 10
*RES 3: 0.6895 High Sep 12 and potential double bottom midpoint
*RES 2: 0.6883 High Oct 22
*RES 1: 0.6872 High Oct 29 and intraday high
*PRICE: 0.6873 @ 10:01 GMT Oct 30
*SUP 1: 0.6809 Low Oct 25
*SUP 2: 0.6777/52 Trendline support drawn off Oct 2 low / Low Oct 17
*SUP 3: 0.6724 Low Oct 16
*SUP 4: 0.6710 Low Oct 10
AUDUSD remains on the front foot this morning, narrowing the gap with 0.6883,
Oct 22 high. Recent gains too are encouraging for bulls with a firm S/T support
defined at Friday's 0.6809 low. A move below this level is needed to dent the
recent bounce and expose a deeper correction towards trendline support drawn off
the Oct 2 low, at 0.6777. For now, the focus is 0.6895, Sep 12 high and the
midpoint of a potential broad double bottom.