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Futures Hit Contract High

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Equities Dip Lends Support

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MPC Meeting Minutes Released

AUSTRALIA DATA

Australia Q1 Wage Price Index Up 0.6% Q/Q

Key Resistance Is 0.6841 *RES 4:.......>

AUSSIE TECHS
AUSSIE TECHS: Key Resistance Is 0.6841
*RES 4: 0.6938 200-DMA
*RES 3: 0.6930 High Oct 31 and bull trigger
*RES 2: 0.6906 High Nov 8
*RES 1: 0.6841/51 High Nov 14 / Former trendline support
*PRICE: 0.6819 @ 10:43 GMT Nov 19
*SUP 1: 0.6770 61.8% of Oct 2 - Oct 31 rally / Intraday low
*SUP 1: 0.6752 Low Oct 17
*SUP 3: 0.6732 76.4% retracement of Oct 2 - Oct 31 rally
*SUP 4: 0.6724 Low Oct 16
AUDUSD is consolidating for now. The pair however remains vulnerable following
last weeks break of trendline support at 0.6830, drawn off the Oct 2 low. The
breach represents a S/T bearish development with momentum studies pointing south
and, signals scope for a deeper pullback. 0.6770 has been achieved, 61.8% of the
rally between Oct 2 and Oct 31. The 76.4% level is at 0.6732. Resistance at
0.6841 needs to be cleared to offset the bearish threat.