$0.7698 Break Still Required To........>

AUSSIE TECHS: $0.7698 Break Still 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: $0.7698/99 Hourly resistance, Oct 30 high

*PRICE: $0.7655 @1633GMT 

*SUP 1: $0.7625/31 Oct 27 low, 1.618 swing of $0.7733-$0.7898

*SUP 2: $0.7595 2% volatility band

*SUP 3: $0.7571/80 Jul 5 low, 1.618 swing of $0.7625-$0.7698

*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 the $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.