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$0.7547-$0.7552 Now The Near Term......>

AUSSIE TECHS
AUSSIE TECHS: $0.7547-$0.7552 Now The Near Term Bar To Recoveries
*RES 4: $0.7643 Mar 29 low, now resistance
*RES 3: $0.7621 Apr 24 high
*RES 2: $0.7585 Apr 27 high
*RES 1: $0.7547/52 May 1 high, Apr 25 low
*PRICE: $0.7526 @0914GMT 
*SUP 1: $0.7473 May 1 low
*SUP 2: $0.7425/35 2018 weekly bear channel base, hrly support
*SUP 3: $0.7408 2% volatility band
*SUP 4: $0.7373 May 29 2017 low
*COMMENTARY* Downside interest continued on Tuesday, breaking beneath the
$0.7510-$0.7502 support area. Below and the longer term 50% Fibo retrace level
at $0.7481 is the latest to come under pressure. In the meantime, nearest
resistance of note falls to $0.7547-$0.7552 but currently requires a move back
above last Friday's $0.7585 high, before any correction of note is likely. Lose
$0.7473 and $0.7435-$0.7425 is next support.

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