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Range Holding: *RES 4: 0.6956..........>

AUSSIE TECHS
AUSSIE TECHS: Range Holding:
*RES 4: 0.6956 100-dma
*RES 3: 0.6927 61.8% of Jul 19-Aug 7 sell-off
*RES 2: 0.6880 50% of Jul 19-Aug 7 sell-off
*RES 1: 0.6822 High Aug 8 and range top
*PRICE: 0.6750 @ 16:41 GMT Aug 23
*SUP 1: 0.6736 Low Aug 14, range base and intraday low
*SUP 2: 0.6677 YTD low and key support
*SUP 3: 0.6600 Round number support
*SUP 4: 0.6567 Low Mar 18 2009
AUDUSD finding comfort within 0.6822-0.6736. These levels continue to represent
important directional triggers. Lower end of range tested Friday but has held,
thus far. Break of 0.6736 support would reinforce a bearish theme and expose
Aug7 low of 0.6677, where a break resumes downtrend. On upside, doji formed Aug
7 is significant in that it signals a base. Break of 0.6822 required to trigger
bullish activity though. This would open the 50% retracement level at 0.6880.

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