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$0.7575-$0.7589 Currently In Way Of....>

AUSSIE TECHS
AUSSIE TECHS: $0.7575-$0.7589 Currently In Way Of Any Recovery Efforts
*RES 4: $0.7655 Apr 20 low, now resistance
*RES 3: $0.7621 Apr 24 high
*RES 2: $0.7589 Apr 26 high
*RES 1: $0.7565/75 Hourly resistance
*PRICE: $0.7558 @1431GMT 
*SUP 1: $0.7532/39 Intraday low, equality fall from $0.7813 
*SUP 2: $0.7505 2% volatility band
*SUP 3: $0.7502 Dec 8 low
*SUP 4: $0.7481 50% Fibo of $0.6827-$0.8136
*COMMENTARY* Have seen a move below the base of the $0.7553-$0.7539 support
area, a low of $0.7532, before encountering some near term oversold conditions.
In this respect, look to $0.7565-$0.7575 to provide an initial barrier to any
rally, yesterday's $0.7589 high a tougher proposition above. Any recovery will
be beholden to a move through here. Below $0.7532 and there is currently not
much showing until the 2% volatility band and Dec 8 low between $0.7505-$0.7502.

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