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Watching 0.6781 Resistance: *RES 3:....>

AUSSIE TECHS
AUSSIE TECHS: Watching 0.6781 Resistance:
*RES 3: 0.6831 High Sep 19
*RES 2: 0.6806/09 High Sep 24 / High Sep 20
*RES 1: 0.6781 Sep 26 high and key resistance
*PRICE: 0.6728 @ 15:31 GMT Oct 9
*SUP 1: 0.6702 Low Oct 3
*SUP 2: 0.6671 Low Oct 2
*SUP 3: 0.6645 0.618 projection of Jul 19 - Aug 7 decline from Sep 12 high
A familiar pattern emerged Wednesday as the pair came under renewed selling
pressure ahead of the close. Attention remains on resistance at 0.6781 following
last weeks inability to convincingly break the area of support between
0.6690/83, previous lows in Sep and Aug. For bulls, a break of 0.6781 would open
0.6806/09 and reinforce a bullish outlook opening 0.6895, Sep 12 high. On the
downside, the failure ahead of 0.6781 and a break of 0.6671 reinstates a
downtrend.

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