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Still Vulnerable, Despite Bounce.......>

AUSSIE TECHS
AUSSIE TECHS: Still Vulnerable, Despite Bounce
*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 Intraday high
*PRICE: 0.6954 @ 06:17 BST Jun 16
*SUP 1: 0.6777/75 Intraday low / Low Jun 2
*SUP 2: 0.6646 Low Jun 1
*SUP 3: 0.6627 50-day EMA
*SUP 4: 0.6568 Low May 27
AUDUSD gains stalled last week at Wednesday's high of 0.7063. The trend
condition while bullish, recently entered overbought territory and the pullback
has allowed this condition to unwind. A key near-term support has been defined
at yesterday's low of 0.6777. A break would expose support at 0.6680, May 27
high and 0.6627, the 50-day EMA. On the upside, resistance is at 0.7005 ahead of
the key level at 0.7063.
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets

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