Positive Outlook Intact *RES 3:........>

AUSSIE TECHS: Positive Outlook Intact

*RES 3: 0.6895 High Sep 12 and potential double bottom midpoint

*RES 2: 0.6883 High Oct 22

*RES 1: 0.6872 Intraday high

*PRICE: 0.6864 @ 16:24 GMT Oct 29

*SUP 1: 0.6809 Low Oct 25

*SUP 2: 0.6772/52 Trendline support drawn off Oct 2 low / Low Oct 17

*SUP 3: 0.6724 Low Oct 16

The pair was on the front foot for much of the European and US session,

narrowing the gap with mid-October highs at 0.6883. Recent gains are encouraging

for bulls with a firm S/T support defined at Friday's 0.6809 low. A move below

this level is needed to dent the recent bounce and expose the pair to a deeper

correction towards the trendline support drawn off the Oct 2 low, at 0.6772. For

now, the focus is again on key resistance at 0.6895, Sep 12 high and the

midpoint of a potential broad double bottom.