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$0.7622 Support Remains Key *RES 4:....>

AUSSIE TECHS
AUSSIE TECHS: $0.7622 Support Remains Key
*RES 4: $0.7838 - 100-DMA
*RES 3: $0.7747 - Daily Bear Channel Top
*RES 2: $0.7739 - Hourly resistance Oct 25
*RES 1: $0.7697 - 200-DMA
*PRICE: $0.7645 @ 0530GMT
*SUP 1: $0.7622 - Low Oct 27 
*SUP 2: $0.7581 - Bollinger band base 
*SUP 3: $0.7564 - Low June 26 
*SUP 4: $0.7506 - Daily Bear channel base
*COMMENTARY: Hesitation ahead of the $0.7622 support remains a concern for bears
given daily studies looking to correct from O/S. Bears continue to look for a
close below $0.7622 to add weight to the case for a test of $0.7506-64 where the
channel base is located. O/S studies remain the key concern for bears. Bulls
still need a close above the channel top ($0.7747) to shift focus to
$0.7838-0.7909 where 100 & 55-DMAs are situated.

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