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AUSSIE TECHS: Sell-off moderates:
*RES 4: 0.6895 High Sep 12 and bull trigger
*RES 3: 0.6870 High Sep 17
*RES 2: 0.6831 High Sep 19
*RES 1: 0.6806/09 High Sep 24 / High Sep 20
*PRICE: 0.6758 @ 15:14 GMT Sep 26
*SUP 1: 0.6739 Low Sep 25
*SUP 2: 0.6737 76.4% retracement of Sep 3 - Sep 12 rally
*SUP 3: 0.6688 Low Sep 3
*SUP 4: 0.6677 Early August / cycle lows
AUDUSD selling pressure dominated again Wednesday, but the pressure moderated
slightly Thursday. Nonetheless, the crack of key support leaves bears eyeing the
late August lows and the YTD low of 0.6677. The immediate focus is on 0.6737,
76.4% retracement where a break would open further downside. Resistance is at
0.6806/09. A break, would be seen as an important bullish development.
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