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Uptrend Resumes *RES 4: 0.6750 High....>

AUSSIE TECHS
AUSSIE TECHS: Uptrend Resumes
*RES 4: 0.6750 High Feb 12
*RES 3: 0.6685 High Mar 9 and a key resistance
*RES 2: 0.6641 2.0% 10-dma envelope
*RES 1: 0.6626 Intraday high
*PRICE: 0.6622 @ 10:14 BST May 26
*SUP 1: 0.6506 Low May 22
*SUP 2: 0.6402 Low May 15
*SUP 3: 0.6373 Low May 5 and key support
*SUP 4: 0.6337 Low Apr 24
AUDUSD maintains a firm tone and has extended gains this morning trading through
resistance at 0.6616, May 20 high. This confirms a resumption of the uptrend
with the Aussie maintaining a positive price sequence of higher highs and higher
lows. The focus is on the 0.6641 envelope resistance and the 0.6684/85
resistance zone, a Fibonacci projection and Mar 9 high. On the downside. Initial
firm support has been defined at 0.6506, May 22 low.

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