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Sideways Price Action *RES 4: 0.7082...>

AUSSIE TECHS
AUSSIE TECHS: Sideways Price Action
*RES 4: 0.7082 High Jul 19, 2019
*RES 3: 0.7063 High Jun 10 and the bull trigger
*RES 2: 0.7005 High Jun 11
*RES 1: 0.6977 High Jun 16 and key near-term resistance
*PRICE: 0.6888 @ 06:20 BST Jul 1
*SUP 1: 0.6805 Low Jun 22
*SUP 2: 0.6777 Low Jun 15 and the bear trigger
*SUP 3: 0.6717 50-day EMA
*SUP 4: 0.6646 Low Jun 1
AUDUSD is unchanged and continues to trade within its recently established
range. The uptrend that began Mar 19 found resistance recently at 0.7063 on Jun
10. The trend condition while bullish, also recently entered overbought
territory and the pullback has allowed this condition to unwind. Key support is
0.6777, Jun 15 low. A break would expose 0.6703, the 50-day EMA and 0.6680, May
27 high. Resistance is at 0.6977 ahead of 0.7063.

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