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$0.7492-$0.7493 Resistance But.........>

AUSSIE TECHS
AUSSIE TECHS: $0.7492-$0.7493 Resistance But $0.7531 Remains Key
*RES 4: $0.7578 1% volatility band
*RES 3: $0.7561/65 May 4 high, 38.2% of $0.7813-$0.7412
*RES 2: $0.7528/31 May 8 high, hourly recovery high May 7
*RES 1: $0.7492/93 May 4, May 7 lows, now resistance
*PRICE: $0.7477 @0846GMT 
*SUP 1: $0.7430/40 Hourly support
*SUP 2: $0.7412 May 9 low
*SUP 3: $0.7397 2018 weekly bear channel base
*SUP 4: $0.7352 2% volatility band
*COMMENTARY* A low of $0.7412 on Wednesday, just beneath the swing target at
$0.7419. This the remaining protection to the 2018 weekly bear channel base at
$0.7397. In the meantime, nearest resistance from the May 1 low at $0.7473 has
been breached, leaving the previous basing area at $0.7492-$0.7493. as next
resistance. It is however, the higher $0.7531 level that is currently the key to
any better recovery prospects. Below $0.7397 and $0.7352-$0.7333 next.

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