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Resumes Uptrend *RES 4: 0.6750 High....>

AUSSIE TECHS
AUSSIE TECHS: Resumes Uptrend
*RES 4: 0.6750 High Feb 12
*RES 3: 0.6685 High Mar 9 and a key resistance
*RES 2: 0.6627 2.0% 10-dma envelope
*RES 1: 0.6616 High May 20
*PRICE: 0.6562 @ 10:46 BST May 21
*SUP 1: 0.6510 Low May 19
*SUP 2: 0.6402 Low May 15
*SUP 3: 0.6373 Low May 5 and key support
*SUP 4: 0.6337 Low Apr 24
AUDUSD maintains a firmer tone despite pulling back this morning. The pair has
recently managed to hold above support highlighted by the 20- and 50-day EMAs
and the key S/T support at 0.6373, May 4 low. Furthermore, the price yesterday
traded and closed above 0.6570, Apr 30 high to confirm a resumption of the
current uptrend. The focus is on the 0.6627 envelope resistance and 0.6684/85.
Key support remains 0.6373, May 4 low. Bullish!

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