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Off Recent Highs *RES 4: 0.7063 High...>

AUSSIE TECHS
AUSSIE TECHS: Off Recent Highs
*RES 4: 0.7063 High Jun 10 and the bull trigger
*RES 3: 0.7005 High Jun 11
*RES 2: 0.7001 High Jul 9 and key near-term resistance
*RES 1: 0.6969 High Jul 10
*PRICE: 0.6949 @ 17:19 BST Jul 10
*SUP 1: 0.6922/6897 Low Jul 7 / 20-day EMA
*SUP 2: 0.6833 Low Jun 30
*SUP 3: 0.6805 Low Jun 22
*SUP 4: 0.6777 Low Jun 15 and the bear trigger
AUDUSD is slightly weaker having found resistance at 0.7001 mid-week. For now,
the pullback is considered a correction. A bullish theme holds following this
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. A
breach would also confirm a resumption of the broader bull trend. Initial firm
intraday support lies at 0.6922, Jul 7 low. A break would concern bulls.

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