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$0.7698 Break Required To Continue.....>

AUSSIE TECHS
AUSSIE TECHS: $0.7698 Break Required To Continue Correction
*RES 4: $0.7796 Oct 23 low, hourly high Oct 24
*RES 3: $0.7770 Oct 24 low, now resistance
*RES 2: $0.7721 Oct 26 high
*RES 1: $0.7690/98 Oct 25 low, hourly resistance
*PRICE: $0.7667 @1233GMT 
*SUP 1: $0.7625/31 Oct 27 low, 1.618 swing of $0.7733-$0.7898
*SUP 2: $0.7611 2% volatility band
*SUP 3: $0.7571 Jul 5 low
*SUP 4: $0.7535 Jun 22 low
*COMMENTARY* Found support at $0.7625 last Friday, slightly below the preferred
$0.7636-$0.7631 levels. Has bounced on the back of some oversold hourly
conditions but so far lacking a break back above $0.7690-$0.7698 area, that is
required in order to launch a better correction of the losses suffered since the
Oct 19 high at $0.7884, beginning with $0.7721. Meanwhile, below $0.7625 will
disappoint, the lower 2% volatility band then protecting $0.7571.

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