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Needle Points North *RES 4:............>

AUSSIE TECHS
AUSSIE TECHS: Needle Points North
*RES 4: 0.71191.618 projection of the Mar 19 - 31 rally from Apr 3 low
*RES 3: 0.7063 High Jun 10 and the bull trigger
*RES 2: 0.7005 High Jun 11
*RES 1: 0.7001 High Jul 9 and key near-term resistance
*PRICE: 0.6966 @ 10:33 BST Jul 13
*SUP 1: 0.6922 Low Jul 7
*SUP 2: 0.6833 Low Jun 30 and key support
*SUP 3: 0.6805 Low Jun 22
*SUP 4: 0.6777 Low Jun 15 and the bear trigger
AUDUSD maintains a bullish outlook and traded higher during the Asia session. A
bullish theme follows last week's move above 0.6977, Jun 16 high. The break
reinforces bullish conditions and paves the way for climb towards key resistance
at 0.7063, Jun 10 high. Clearance of this hurdle would also confirm a resumption
of the broader bull trend. Initial firm intraday support lies at 0.6922, Jul 7
low.

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