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Weak to Weaker *RES 4: 0.6934 High.....>

AUSSIE TECHS
AUSSIE TECHS: Weak to Weaker
*RES 4: 0.6934 High Jan 16 and key near-term level
*RES 3: 0.6879 High Jan 23
*RES 2: 0.6841 Former trendline support
*RES 1: 0.6777 High Jan 29
*PRICE: 0.6712 @ 17:19 GMT Jan 30
*SUP 1: 0.6700 Intraday low
*SUP 3: 0.6688 Low Sep 3
*SUP 2: 0.6675 1.0% 10-dma envelope
*SUP 4: 0.6671 Low Oct 2 and primary support
AUDUSD went from weak to weaker Thursday, registering a fresh trend low print of
0.6700. Bearish conditions remain in place following the recent slide and break
of trendline support drawn off the Oct 2 low. The move lower confirmed a
resumption of January's bearish theme. 0.6800, the Dec 10 low and 0.6754, Nov 29
low have been cleared. The focus is on a close below the 0.6700 handle next,
before last year's lows can be considered.

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