EMA Still Providing Support *RES 4:....>

AUSSIE TECHS: EMA Still Providing Support

*RES 4: 0.6695 High Feb 20

*RES 3: 0.6685 High Mar 9 and a key resistance

*RES 2: 0.6613 High Mar 10

*RES 1: 0.6570 High Apr 30 and bull trigger

*PRICE: 0.6458 @ 05:53 BST May 15

*SUP 1: 0.6404 Low May 14

*SUP 2: 0.6373 Low May 5 and key near-term support

*SUP 3: 0.6337 Low Apr 24

*SUP 4: 0.6254 Low Apr 21 and bear trigger

AUDUSD traded lower Thursday but is still (largely) holding above the support

zone highlighted by the 20- and 50-day EMA levels and the key short-term support

at 0.6373, May 4 low. While 0.6373 holds, the uptrend remains intact with

attention on key resistance at 0.6570. A break would resume the trend move

higher and open 0.6613 and 0.6684/85. A close below the EMA zones at 0.6425/6398

today, and of support at 0.6373 would concern bulls.