AUDUSD TECHS: Testing Support

* RES 4: 0.7310 1.00 proj of the Mar 30 - May 6 - Jun 30 price swing * RES 3: 0.7278 High May 6 and key resistance * RES 2: 0.7238 High Sep 09 and a S/T bull trigger * RES 1: 0.7137 20-day EMA * PRICE: 0.7088 @ 08:20 BST Sep 23 * SUP 1: 0.7075 Low Sep 16 * SUP 2: 0.7052 50.0% retracement of the Jun 30 - Sep 9 bull leg * SUP 3: 0.7023 Low Aug 6 and 7 * SUP 4: 0.7007 61.8% retracement of the Jun 30 - Sep 9 bull leg AUDUSD continues to trade closer to its recent lows. The latest pullback appears corrective and trend conditions remain bullish. However, the move down since Sep 9, has resulted in a breach of the 20-day and 50-day EMAs. A clear breach of the 50-day EMA, currently at 0.7107, would undermine the bull theme and signal scope for a deeper retracement, towards 0.7052, a Fibonacci retracement. Key resistance is at 0.7238, the Sep 09 high.