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$0.7593 Support Confirms...............>

AUSSIE TECHS
AUSSIE TECHS: $0.7593 Support Confirms Significance
*RES 4: $0.7753 - 200-DMA
*RES 3: $0.7747 - 55-WMA
*RES 2: $0.7735 - Low Apr 12 now resistance
*RES 1: $0.7682 - High Apr 23
*PRICE: $0.7654 @ 0250GMT
*SUP 1: $0.7593 - High May 31 now support 
*SUP 2: $0.7549 - 21-DMA 
*SUP 3: $0.7513 - Low June 1 
*SUP 4: $0.7474 - Low May 30
*COMMENTARY: The break of the bear channel top off 2018 highs Tuesday lacked
follow through with the pullback confirming the significance of the $0.7593
support. Bears need a close below to signal a false break higher and see focus
return to layers of support $0.7410-0.7513. Bulls take comfort in pressure
returning to $0.7682 with a close above to reconfirm initial focus on $0.7735-54
where 100 & 200-DMAs and 21 & 55-WMAs are noted.

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