* RES 4: 0.8652 High Jun 26 * RES 3: 0.8632 76.4% retracement of the Jun 22 - Jul 15 bear leg * RES ...
Find more articles and bullets on these widgets:
A medium-term uptrend in Aussie 3-yr futures since Mar 23 is intact and the pullback since Jun 25 appears corrective. However, the corrective cycle that started Jun 25, has resulted in a breach of a trendline drawn from the Mar 23 low on the continuation chart. Support at 95.365, the Jun 9 low, has also been cleared. This paves the way for an extension towards 95.195, the Apr 29 and 30 low (cont). Key resistance is 95.670, the Jun 25 and 29 high.