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Still Appears Vulnerable *RES 4:.......>

AUSSIE TECHS
AUSSIE TECHS: Still Appears Vulnerable
*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
*PRICE: 0.6881 @ 10:48 BST Jun 18
*SUP 1: 0.6777 Low Jun 15 and the bear trigger
*SUP 2: 0.6646/47 Low Jun 1 / 50-day EMA
*SUP 3: 0.6612 Low May 29
*SUP 4: 0.6568 Low May 27
AUDUSD gains stalled last week at 0.7063, Jun 10 high. The trend condition while
bullish, recently entered overbought territory and the recent pullback is
allowing this condition to unwind. A key near-term support has been defined at
the Monday low of 0.6777. A break would expose 0.6680, May 27 high and 0.6647,
50-day EMA and allow for a deeper correction. Resistance is at 0.7005 ahead of
the key 0.7063 level.

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