$0.7640 Resistance Now Key *RES 4:.....>

AUSSIE TECHS: $0.7640 Resistance Now Key

*RES 4: $0.7639 - Falling daily TL off 2018 high

*RES 3: $0.7618 - 55-DMA

*RES 2: $0.7606 - Bollinger band top

*RES 1: $0.7593 - High May 25

*PRICE: $0.7565 @ 2130GMT

*SUP 1: $0.7532 - 21-DMA 

*SUP 2: $0.7474 - Low May 30 

*SUP 3: $0.7457 - Bollinger band base 

*SUP 4: $0.7445 - Low May 15

*COMMENTARY: Bears failed to capitalise on the close below the 21-DMA with

Wednesday's rally and close above the 21-DMA returning focus to $0.7593-0.7640

where the 55-DMA and falling daily TL are noted. Bulls now need a close above

$0.7540 to confirm a break of the bear channel top, ending bearish hopes and

shifting focus to $0.7735-0.7842. Bears again look for a close below the 21-DMA

to gain breathing room and add weight to the case for a test of 2018 lows.