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Range-bound: *RES 4: 0.6966/86.........>

AUSSIE TECHS
AUSSIE TECHS: Range-bound:
*RES 4: 0.6966/86 100-dma / Cloud top
*RES 3: 0.6911/27 Low Jul 10 / 61.8% of Jul-Aug fall
*RES 2: 0.6880 50% of Jul-Aug fall
*RES 1: 0.6822/32 High Aug 8 / Low Jun 18
*PRICE: 0.6782 @ 04:43 GMT Aug 19
*SUP 1: 0.6736/04 Low Aug 14 / Lower 1.0% 10-dma envelope
*SUP 2: 0.6677 YTD low and key support
*SUP 3: 0.6568 Lower 3.0% 10-dma envelope
*SUP 4: 0.6567/16 Low Mar 18 2009 / Lower Bollinger Band (3%)
AUDUSD continues to trade within its 0.6822 and 0.6736 range. These levels are
viewed as important directional triggers. A break of support at 0.6736 would
reinforce a bearish theme and expose the Aug 7 low of 0.6677 once again. On the
upside, bulls take comfort from the doji formed on Aug 7 however gains above
0.6822 are required to trigger bullish activity and open the 50% retracement
level at 0.6880.

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