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Impulsive Gains *RES 4: 0.6850 1.236...>

AUSSIE TECHS
AUSSIE TECHS: Impulsive Gains
*RES 4: 0.6850 1.236 projection of Mar 19 - 31 rally from Apr 3 low
*RES 3: 0.6827 High Jan 27
*RES 2: 0.6814 3.0% 10-dma envelope
*RES 1: 0.6813 Intraday high
*PRICE: 0.6802 @ 06:15 BST Jun 2
*SUP 1: 0.6646 Low Jun 1
*SUP 2: 0.6616 High May 20
*SUP 3: 0.6538 Low May 26
*SUP 4: 0.6506 Low May 22 and key support
AUDUSD maintains a bullish focus and started the week on a firm note rallying
sharply higher yesterday. The move to fresh trend highs confirms a resumption of
the underlying bull trend that has achieved the 0.6800 objective, Oct 12, 2019
low and a round number resistance. The pair has also topped the 2.0% 10-dma
envelope resistance reinforcing the bullish tone. Attention is on 0.6850 next, a
Fibonacci projection. Support is at 0.6646, yesterday's low.

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