Key EMA Levels Holding *RES 4:.........>

AUSSIE TECHS: Key EMA Levels Holding

*RES 4: 0.6684 1.00 projection of Mar 19 - 31 rally from Apr 3 low

*RES 3: 0.6613 High Mar 10

*RES 2: 0.6570 High Apr 30 and bull trigger

*RES 1: 0.6512 High May 1

*PRICE: 0.6429 @ 10:39 BST May 5

*SUP 1: 0.6372/71 50-day EMA / 20-day EMA and key support zone

*SUP 2: 0.6337 Low Apr 24

*SUP 3: 0.6254 Low Apr 21 and key near-term support

*SUP 4: 0.6195 Low Apr 9

AUDUSD traded lower Friday and weakened further still Monday. Attention is still

on a key area of support at 0.6372/71, the 50- and 20-day EMA levels

respectively. So far, the pair has found support ahead of this zone. An ability

to remain above the averages would leave the current uptrend intact and refocus

attention on the key resistance at 0.6570. A break would resume the uptrend and

open 0.6613 and 0.6684/85. A breach of the EMA's would concern bulls.