Reversal?: *RES 4: 0.6911 Low Jul 7....>

AUSSIE TECHS: Reversal?:

*RES 4: 0.6911 Low Jul 7

*RES 3: 0.6880 50% of Jul 19 - Aug 7 sell-off

*RES 2: 0.6866 50-dma

*RES 1: 0.6833 High Sep 5

*PRICE: 0.6830 @ 08:47 GMT Sep 6

*SUP 1: 0.6755 Low Sep 4

*SUP 2: 0.6688 Low Sep 3

*SUP 3: 0.6677 YTD low and key support

*SUP 4: 0.6600 Round number support

AUDUSD goes into Friday on a firmer note. Yesterday's saw the pair trade above

0.6822, the high of Aug 8 and the key resistance. A clear break would signal a

trend reversal and open 0.6880 initially. Momentum studies are pointing higher

and note too that the move above 0.6822 has confirmed bullish divergence between

price and momentum. A failure to hold onto recent gains would expose 0.6755

where a break would once again shift attention back to 0.6677.