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One Way Traffic *RES 4: 0.6449.........>

AUSSIE TECHS
AUSSIE TECHS: One Way Traffic
*RES 4: 0.6449 20-day EMA
*RES 3: 0.6492 High Mar 12
*RES 2: 0.6326 High Mar 13
*RES 1: 0.6149 High Mar 17
*PRICE: 0.5757 @ 17:27 GMT Mar 18
*SUP 1: 0.5702 Intraday low
*SUP 2: 0.5700 Handle Support
*SUP 3: 0.5611 Jan 2003 low
*SUP 4: 0.5564 Dec 2002 low
AUDUSD went from bad to worse Wednesday, hitting new cycle lows down at 0.5702
as all drawn support failed to prop up the price. Momentum measures continue to
scream oversold, but traffic remains solidly one-way for now. This cements the
continued bearish threat and opens levels not seen since early 2003 at 0.5611.

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