Uptrend Firmly In Place *RES 4:........>

AUSSIE TECHS: Uptrend Firmly In Place

*RES 4: 0.7246 High Feb 6, 2019

*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: 0.7145 @ 10:39 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

*SUP 4: 0.6922/21 Low Jul 7 / Low Jul 14

AUDUSD traded higher again yesterday. 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.