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Under Pressure *RES 4: 0.7103 High.....>

AUSSIE TECHS
AUSSIE TECHS: Under Pressure
*RES 4: 0.7103 High Apr 24
*RES 3: 0.7082 High Jul 19 and key resistance
*RES 2: 0.7032 High Dec 31 and bull trigger
*RES 1: 0.6995 High Jan 3
*PRICE: 0.6916 @ 06:04 GMT Jan 7
*SUP 1: 0.6904 Low Dec 25
*SUP 2: 0.6883 Low Dec 20
*SUP 3: 0.6838 Low Dec 17 and key support
*SUP 4: 0.6800 Low Dec 10
AUDUSD downside pressure remains present. The recent move lower is still likely
a correction with the broader outlook remaining bullish however for now, the
pair remains vulnerable. Fresh lows today expose 0.6904, Dec 25 low. If this
level is cleared, the risk will be for weakness ahead of 0.6838, Dec 17 low. The
pair needs to recover back above 0.6995, Jan 3 high to ease the current slide.

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