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Probing retracement levels: *RES 4:....>

AUSSIE TECHS
AUSSIE TECHS: Probing retracement levels:
*RES 4: 0.6986 76.4% retracement Jul 19 - Aug 7 sell-off
*RES 3: 0.6927 61.8% retracement Jul 19 - Aug 7 sell-off
*RES 2: 0.6911 Low Jul 7
*RES 1: 0.6887 Intraday high
*PRICE: 0.6881 @ 04:39 GMT Sep 12
*SUP 1: 0.6837 Low Sep 9
*SUP 2: 0.6822 High Aug 8 and former breakout level
*SUP 3: 0.6794 Low Sep 5
*SUP 4: 0.6755 Low Sep 4
AUDUSD remains bullish and has extended gains overnight in Asia. The pair is
pressing against the 50% retracement of the Jul 19 - Aug 7 decline, at 0.6880. A
clear break would open the 61.8% level at 0.6927. Bullish conditions hold,
buoyed by the recent break of former resistance at 0.6822, the high of Aug 8.
The move above 0.6822 confirmed bullish divergence between price and momentum
and confirmed a bullish reversal. Initial support is at 0.6837.

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