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Still in its range: *RES 4:............>

AUSSIE TECHS
AUSSIE TECHS: Still in its range:
*RES 4: 0.6963/86 100-dma / Cloud top
*RES 3: 0.6911/27 Low Jul 10 / 61.8% of Jul-Aug fall
*RES 2: 0.6880 50% of Jul-Aug fall
*RES 1: 0.6822/32 High Aug 8 / Low Jun 18
*PRICE: 0.6781 @ 04:38 GMT Aug 20
*SUP 1: 0.6736/05 Low Aug 14 / Lower 1.0% 10-dma envelope
*SUP 2: 0.6677 YTD low and key support
*SUP 3: 0.6569 Lower 3.0% 10-dma envelope
*SUP 4: 0.6567 Low Mar 18 2009
AUDUSD continues to trade within its 0.6822 and 0.6736 range. These levels are
viewed as important directional triggers. A break of support at 0.6736 would
reinforce a bearish theme and expose the Aug 7 low of 0.6677 once again. On the
upside, bulls take comfort from the doji formed on Aug 7, however gains above
0.6822 are required to trigger bullish activity and open the 50% retracement
level at 0.6880.

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