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BLOCKs, Jun'23 SOFR Puts

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$0.7606-$0.7612 Still The Key To.......>

AUSSIE TECHS: $0.7606-$0.7612 Still The Key To Direction Here
*RES 4: $0.7660 61.8% Fibo of $0.7813-$0.7412
*RES 3: $0.7641/43 1.618 swing $0.7567-$0.7447, Mar 29 low
*RES 2: $0.7606/12 May 22 high, 1% vol, 50% $0.7813-$0.7412
*RES 1: $0.7583 May 23 high
*PRICE: $0.7562 @0832GMT 
*SUP 1: $0.7515/23 Congestion area May 17-21, May 23 low
*SUP 2: $0.7503 May 21 low
*SUP 3: $0.7485/88 76.4% of $0.7447-$0.7606, May 18 low
*SUP 4: $0.7462 1% volatility band
*COMMENTARY* Tuesday's rally failed to deal with resistance from the upper 1%
volatility band, shy of the 50% Fibo retrace level at $0.7612. A small 'Doji'
candle close on Tuesday the initial warning and has seen a setback into
$0.7525-$0.7515 support. This now seen as the protection against a further
$0.7503-$0.7485 fall. Resistance in the meantime now comes from Wednesday's
$0.7583 high, ahead of that $0.7606-$0.7612 area again.

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