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$0.7443-81 Resistance Key This Week....>

AUSSIE TECHS
AUSSIE TECHS: $0.7443-81 Resistance Key This Week
*RES 4: $0.7530 - 55-DMA
*RES 3: $0.7481 - High June 15, 21-DMA
*RES 2: $0.7443 - Highs June 25 & 26
*RES 1: $0.7409 - High June 29
*PRICE: $0.7396 @ 2130GMT
*SUP 1: $0.7365 - Hourly resistance June 27 now support 
*SUP 2: $0.7323 - 2018 Low June 27 
*SUP 3: $0.7265 - Low Jan 5 2017 
*SUP 4: $0.7246 - High Dec 30 2016 now support
*COMMENTARY: Fresh 2018 & 18mth lows Wed saw bears shift focus to $0.7152 Dec
2016 monthly lows although the weekly bear channel base ($0.7216) may slow the
move. Correcting O/S studies provided the impetus for a bounce last week. In
saying that, bulls need a close above $0.7443 to gain breathing room and above
$0.7481 to shift initial focus back to $0.7530-0.7627 where the 55 DMA is
located. Above the 55-DMA then initially targets $0.7627-0.7735.

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