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V Shaped Recovery *RES 4: 0.7032.......>

AUSSIE TECHS
AUSSIE TECHS: V Shaped Recovery
*RES 4: 0.7032 High Dec 31, 2019 and key resistance
*RES 3: 0.6995 High Jan 3
*RES 2: 0.6953 1.382 projection of Mar 19 - 31 rally from Apr 3 low
*RES 1: 0.6895 High Jun 02
*PRICE: 0.6880 @ 17:23 BST Jun 2
*SUP 1: 0.6775 Intraday low
*SUP 2: 0.6646 Low Jun 1
*SUP 3: 0.6616 High May 20
*SUP 4: 0.6538 Low May 26
Markets completed the second leg of a V-shaped recovery in the pair Tuesday,
with AUD/USD printing the best levels since January. This maintains the bullish
focus confirms a resumption of the underlying bull trend. Having cleared the
0.6800 objective, attention is on 0.6953 next, a Fibonacci projection and
0.7032, Dec 31 2019 high. Support is at 0.6646.

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