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Fresh Up-Trend Established: *RES 4:....>

AUSSIE TECHS
AUSSIE TECHS: Fresh Up-Trend Established:
*RES 4: 0.6895 High Sep 12 and key resistance
*RES 3: 0.6870 High Sep 17
*RES 2: 0.6831 High Sep 19
*RES 1: 0.6811 High Oct 11
*PRICE: 0.6762 @ 15:12 GMT Oct 14
*SUP 1: 0.6753 Low Oct 11
*SUP 2: 0.6710 Low Oct
*SUP 3: 0.6671 Low Oct 2
*SUP 4: 0.6645 0.618 projection of Jul 19 - Aug 7 decline from Sep 12 high
AUDUSD extended gains Friday, breaching initial key resistance at 0.6781. This
opens 0.6895 next, with momentum indicators also in support as they point north.
Furthermore, a price sequence of higher highs and higher lows has been
established confirming a fresh uptrend. On the downside, a clear short-term
support has been defined at Thursday's low of 0.6710. A break would alter the
picture. Initial support is at 0.6753.

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