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Takes out key support: *RES 4:.........>

AUSSIE TECHS
AUSSIE TECHS: Takes out key support:
*RES 4: 0.7103 High Apr 24
*RES 3: 0.7082/7087 High Jul 19 / 200-dma
*RES 2: 0.7014/36 100-dma / High Jul 23
*RES 1: 0.6984 High Jul 25
*PRICE: 0.6905 @ 15:36 GMT July 26
*SUP 1: 0.6891 76.4% retracement 0.6832-0.7082
*SUP 2: 0.6872 76.4% retracement 0.6741-0.7295
*SUP 3: 0.6832 Mid-June low
*SUP 4: 0.6741 Flash crash low
Friday's sell off saw the pair break below the cloud base, key Fib support and
the mid-July low to weaken the outlook materially. AUD/USD has now closed lower
for six consecutive sessions, opening the mid-June lows of $0.6832 as a
realistic prospect. Bulls need to recover 0.7036 to change the outlook, opening
the potential for a return to the Jul 19 high & 200-dma.

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