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Probes 0.6822: *RES 4: 0.6911 Low......>

AUSSIE TECHS
AUSSIE TECHS: Probes 0.6822:
*RES 4: 0.6911 Low Jul 7
*RES 3: 0.6880 50% of Jul 19-Aug 7 sell-off
*RES 2: 0.6832 38.2% of Jul 19-Aug 7 sell-off
*RES 1: 0.6825 Intraday High
*PRICE: 0.6815 @ 04:42 GMT Sep 5
*SUP 1: 0.6755 Low Sep 4
*SUP 2: 0.6688 Low Sep 3
*SUP 3: 0.6677 YTD low and key support
*SUP 4: 0.6600 Round number support
AUDUSD posted a swift charge higher throughout European and US hours for a
second session yesterday and followed through on this overnight. The pair has
traded above 0.6822, the high of Aug 8 and key resistance. A clear break would
signal a trend reversal and open 0.6880 initially. Momentum studies are pointing
higher. To the downside, a failure to hold onto recent gains would expose 0.6755
where a break would shift attention back to the bear trigger at 0.6677.

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