Multi-Decade Lows *RES 4: 0.6827.......>

AUSSIE TECHS: Multi-Decade Lows

*RES 4: 0.6827 High Jan 27

*RES 3: 0.6796 Trendline resistance drawn off the Jan 2 high

*RES 2: 0.6774 High Feb 5 and key near-term resistance

*RES 1: 0.6736 Intraday high

*PRICE: 0.6678 @ 16:18 GMT Feb 7

*SUP 1: 0.6662 Low Feb 7

*SUP 3: 0.6659 1.50 projection of Dec 31 - Jan 8 decline from Jan 16 high

*SUP 2: 0.6638 1.618 projection of Dec 31 - Jan 8 decline from Jan 16 high

*SUP 4: 0.6611 1.764 projection of Dec 31 - Jan 8 decline from Jan 16 high

AUDUSD is under pressure once again and has traded below the Feb 4 low of

0.6679. This has exposed the primary support at 0.6671, Oct 2 low. Bearish

conditions dominate following the impulsive move lower In January and the recent

break of trendline support drawn off the Oct 2 low. The failure at recent highs

of 0.6774 reinforces the underlying bearish sentiment. A break of 0.6671 would

open 0.6659 and 0.6638, both Fibonacci projections. Resistance is at 0.6736.