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Looking to clear trendline.............>

AUSSIE TECHS
AUSSIE TECHS: Looking to clear trendline resistance:
*RES 4: 0.7048 High May 7
*RES 3: 0.7036/39 Cloud top/100-dma
*RES 2: 0.7023 High Jun 10
*RES 1: 0.6978 High Jun 25 and key resistance
*PRICE: 0.6965 @ 05:15 GMT June 26
*SUP 1: 0.6926 Low Jun 24
*SUP 2: 0.6903/02 Low Jun 21/200-hma
*SUP 3: 0.6879 Low Jun 20
*SUP 4: 0.6832 Low Jun 18
AUDUSD appears set to cement a close above both trendline resistance at 0.6973
and the 50-DMA at 0.6971. A clear breach of the trendline would pave the way for
an extension higher and signal a trend reversal. Note too that momentum studies
are pointing north. A trendline break would open the Jun 10 high at 0.7023,
ahead of the cloud top & 100-dma at 0.7036/39. On the downside, initial support
lies at 0.6926.

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