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$0.7407 The Bar To A Higher............>

AUSSIE TECHS
AUSSIE TECHS: $0.7407 The Bar To A Higher $0.7423-$0.7460 Recovery
*RES 4: $0.7500 50% Fibo of $0.7677-$0.7323
*RES 3: $0.7457/60 Jun 22 high, 1% volatility band
*RES 2: $0.7423 Jun 26 high
*RES 1: $0.7407 Jun 27 high
*PRICE: $0.7399 @1538GMT 
*SUP 1: $0.7362 Jun 28 high, now support
*SUP 2: $0.7336/40 Intraday low, hourly support
*SUP 3: $0.7323/27 Jun 27 low, 61.8% of $0.6827-$0.8136
*SUP 4: $0.7313 1% volatility band
*COMMENTARY* $0.7347-$0.7345 support gave way this week and the longer term
61.8% Fibo retrace level at $0.7327 had its cage rattled. A low of $0.7323 on
Wednesday, as we so far hold above the lower 1% volatility band at $0.7313. This
being the protection against a further $0.7252-$0.7235 fall. Meanwhile, back
above $0.7362-$0.7385 now has $0.7407 in the way of a higher $0.7423-$0.7460
rise. Meanwhile, $0.7362-$0.7336 reverts to support.

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