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USDCAD TECHS

Trend Conditions Remain Bullish

US TSY FUTURES

Extending Lows After the Close

US TSYS SUMMARY

Reversing Overnight Risk-Off Tone

AUDUSD TECHS

Remains Vulnerable

US

Pres Biden Budget Proposal Ests

EURJPY TECHS

Needle Still Points South

AUSSIE TECHS
AUSSIE TECHS: Inches To New Lows:
*RES 4: 0.6831 High Sep 19
*RES 3: 0.6806/09 High Sep 24 / High Sep 20
*RES 2: 0.6781 Sep 26 high
*RES 1: 0.6739 Sep 25 low
*PRICE: 0.6675 @ 16:10 GMT Oct 2
*SUP 1: 0.6671 Low Oct 2
*SUP 2: 0.6645 0.618 projection of Jul 19 - Aug 7 decline from Sep 12 high
*SUP 3: 0.6619 2.0% 10-dma envelope
*SUP 4: 0.6567 Low Mar 18 2009
AUDUSD bearish pressure resumed again Wednesday with the pair showing just below
the prior low of 0.6672. To reinforce the current bearish theme, the pair needs
to confirm a clear break of 0.6672 that in turn would confirm a resumption of
the current downleg and also confirm a clear breach of the former support around
0.6677/90 which the pair traded through earlier in the week. This would open
0.6645/32. Initial resistance is now located at 0.6739.