EMA Levels Highlight Key Support.......>

AUSSIE TECHS: EMA Levels Highlight Key Support

*RES 4: 0.6684 1.00 projection of Mar 19 - 31 rally from Apr 3 low

*RES 3: 0.6613 High Mar 10

*RES 2: 0.6570 High Apr 30 and bull trigger

*RES 1: 0.6512 High May 1

*PRICE: 0.6410 @ 10:44 BST May 4

*SUP 1: 0.6369/65 50-day EMA / 20-day EMA and key support zone

*SUP 2: 0.6337 Low Apr 24

*SUP 3: 0.6254 Low Apr 21 and key near-term support

*SUP 4: 0.6195 Low Apr 9

AUDUSD stalled at 0.6570 last Thursday. The pair traded lower Friday and is

weaker today. Attention turns to a key area of support at 0.6369/65, the 50- and

20-day EMA levels respectively. An ability to hold above this support zone would

leave the current uptrend intact and refocus attention on the key resistance at

0.6570. A break would resume the uptrend and open 0.6613 and 0.6684/85. A breach

of the EMA's would concern bulls.