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$0.7535-$0.7519 The Support To.........>

AUSSIE TECHS
AUSSIE TECHS: $0.7535-$0.7519 The Support To Recent Improvement
*RES 4: $0.7634/35 6 week channel top, 1% vol band 
*RES 3: $0.7625/27 Oct 27, Nov 7 lows, now resistance
*RES 2: $0.7598 Hourly recovery high Dec 6
*RES 1: $0.7581 Dec 12, intraday highs
*PRICE: $0.7559 @0940GMT 
*SUP 1: $0.7535/46 Hourly support, Dec 11 high, Dec 12 low
*SUP 2: $0.7519 Dual hourly base Dec 11
*SUP 3: $0.7502 Dec 8 low
*SUP 4: $0.7477/84 6 week bear channel base, 1% vol band
*COMMENTARY* Has continued to find support from above the lower 1% volatility
band and also the 6 week bear channel base. Tuesday's move back above $0.7555-60
was the first tentative step in the recovery process. Will need to remain above
hourly support at $0.7535 if this is to continue and allow a higher
$0.7598-$0.7625 rise to unfold. The top of the bear channel is at the slightly
higher $0.7634. Loss of $0.7535 will disappoint, $0.7519 then important below.

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