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Edging Higher *RES 4: 0.7222 1.764.....>

AUSSIE TECHS
AUSSIE TECHS: Edging Higher
*RES 4: 0.7222 1.764 projection of the Mar 19 - 31 rally from Apr 3 low
*RES 3: 0.7119 1.618 projection of the Mar 19 - 31 rally from Apr 3 low
*RES 2: 0.7063 High Jun 10 and the bull trigger
*RES 1: 0.7038 Intraday high
*PRICE: 0.7016 @ 16:36 BST Jul 15
*SUP 1: 0.6922/21 Low Jul 7 / Jul 14 low
*SUP 2: 0.6833 Low Jun 30 and key support
*SUP 3: 0.6805 Low Jun 22
*SUP 4: 0.6777 Low Jun 15 and the bear trigger
AUDUSD maintains a bullish outlook and the pair traded well above 0.7000. A
bullish theme follows last week's move above 0.6977, Jun 16 high. The break
reinforces conditions for bulls and paves the way for climb towards key
resistance at 0.7063, Jun 10 high. Clearance of this hurdle would also confirm a
resumption of the broader uptrend. Initial firm intraday support lies at
0.6922/21, Jul 7 low and yesterday's intraday low.

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