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$0.7547 Resistance Key Today *RES 4:...>

AUSSIE TECHS
AUSSIE TECHS: $0.7547 Resistance Key Today
*RES 4: $0.7648 - Hourly resistance Apr 23
*RES 3: $0.7589 - High Apr 26
*RES 2: $0.7547 - High May 17
*RES 1: $0.7526 - 21-DMA
*PRICE: $0.7517 @ 2130GMT
*SUP 1: $0.7486 - Low May 18 
*SUP 2: $0.7445 - Low May 15 
*SUP 3: $0.7436 - Hourly support May 9 
*SUP 4: $0.7410 - 2018 Low May 9
*COMMENTARY: Pressure returned to the 21-DMA after bears failed to trouble 2018
lows last week. Bulls now need a close above $0.7547 to confirm a break of the
21-DMA easing bearish pressure and above $0.7589 to shift initial focus back to
$0.7648. Bears continue to look for a close below 2018 lows to confirm focus on
the $0.7326-68 region where May & June 17 lows are noted. Daily studies are well
placed for a fresh leg lower.

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