Uptrend Firmly In Place *RES 3:........>

AUSSIE TECHS: Uptrend Firmly In Place

*RES 3: 0.7222 1.764 projection of the Mar 19 - 31 rally from Apr 3 low

*RES 2: 0.7206 High Apr 17

*RES 1: 0.7182/99 High Jul 22 / High Apr 18, 2019

*PRICE: 0.7132 @ 16:53 BST Jul 23

*SUP 1: 0.7063 High Jun 10 and former breakout level

*SUP 2: 0.7010 Low Jul 21

*SUP 3: 0.6963 Low Jul 16

AUDUSD failed to print new cycle highs Thursday, but has done little to endanger

the current uptrend. This week the pair cleared former resistance at 0.7063, Jun

10 high. The breach confirmed a resumption of the underlying uptrend that has

been in place since the reversal on Mar 19. The pair has also traded above the

recent objective of 0.7119, a Fibonacci projection and the focus shifts to

0.7222. On the downside, the key near-term support remains 0.6922/21, Jul 7 and

14 low. Initial support is at 0.7063.