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Psychological 0.70 level in view:......>

AUSSIE TECHS
AUSSIE TECHS: Psychological 0.70 level in view:
*RES 4: 0.7048 High May 7
*RES 3: 0.7036/38 Cloud top/100-dma
*RES 2: 0.7023 High Jun 10
*RES 1: 0.6985 Intraday high
*PRICE: 0.6981 @ 08:58 GMT June 26
*SUP 1: 0.6943/26 100-hma/Low Jun 24
*SUP 2: 0.6907/03 200-hma/Low Jun 21
*SUP 3: 0.6879 Low Jun 20
*SUP 4: 0.6832 Low Jun 18
AUDUSD has registered gains in five of the last six sessions with focus on a
close above the 50-dma & trendline resistance at 0.6971/73. A clear breach of
the trendline would pave the way for an extension higher and signal a trend
reversal. Momentum studies are generating positive signals with bulls targeting
a break of the psychological 0.70 level, ahead of the cloud top & 100-dma at
0.7036/38. On the downside, initial support lies at 0.6926.

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