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Recovery extends through 0.68: *RES....>

AUSSIE TECHS
AUSSIE TECHS: Recovery extends through 0.68:
*RES 4: 0.6986/89 Cloud top/100-dma
*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: 0.6821/55 200-hma/Low Jun 19
*PRICE: 0.6805 @ 14:50 GMT Aug 08
*SUP 1: 0.6746 Intraday low
*SUP 2: 0.6677 YTD low
*SUP 3: 0.6613 Lower 3.0% 10-dma envelope
*SUP 4: 0.6579 Lower Bollinger Band (3%)
AUDUSD extends the recovery off yesterday's multi-year lows with gains extending
through 0.68. Bulls need a close above here to reignite upside momentum and
challenge the 50% retracement of the Jul-Aug fall at 0.6880. Despite this, the
longer-term bearish trend remains intact, putting the immediate focus back on
yesterday's multi-year low at 0.6677.

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