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Heavy Below 0.6685 *RES 4: 0.6750......>

AUSSIE TECHS
AUSSIE TECHS: Heavy Below 0.6685
*RES 4: 0.6750 High Feb 12
*RES 3: 0.6711 50-day EMA
*RES 2: 0.6695 High Feb 20
*RES 1: 0.6685 High Mar 9 and key near-term resistance
*PRICE: 0.6554 @ 06:32 GMT Mar 10
*SUP 1: 0.6455 61.8% retracement of yesterday's range
*SUP 2: 0.6313 Low Mar 9
*SUP 3: 0.6307 1.764 projection of Jul - Oct 2019 decline from Dec 31 high
*SUP 4: 0.6210 2.000 projection of Jul - Oct 2019 decline from Dec 31 high
Volatile price action saw AUDUSD trade to a low of 0.6313 yesterday before
rebounding sharply. The move lower highlights the continued existence of a
bearish threat and negated for now, last week's bullish break of trendline
resistance drawn off Jan 1 high. A recovery above yesterday's high of 0.6685 is
required to signal a possible reversal. Key support has been defined at
yesterday's low of 0.6313. Heavy below 0.6685.

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