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$0.7569-0.7615 Resistance Key Today....>

AUSSIE TECHS
AUSSIE TECHS: $0.7569-0.7615 Resistance Key Today
*RES 4: $0.7615 - Daily Bear channel top
*RES 3: $0.7598 - Hourly support Dec 5 now resistance
*RES 2: $0.7569 - Hourly resistance Dec 7
*RES 1: $0.7555 - Hourly resistance Dec 7a
*PRICE: $0.7530 @ 2030GMT
*SUP 1: $0.7500 - Low Dec 8 
*SUP 2: $0.7474 - LT Bull channel base (Jan 20 2016 low) 
*SUP 3: $0.7410 - Low June 5 
*SUP 4: $0.7365 - Low May 12
*COMMENTARY: Having closed below $0.7519 last week confirmed immediate bearish
focus on the LT bull channel base. A close below the channel base sees bears
targeting $0.7326-65 where the MT bear channel base is noted. In saying that,
the $0.7569 resistance remains key. Bulls need a close above to ease bearish
pressure with a close above the bear channel top to shift initial focus back to
$0.7653-0.7768 where 55 ($0.7697) & 200 ($0.7689) -DMAs are noted.

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