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$0.7729-79 Support Region Remains......>

AUSSIE TECHS
AUSSIE TECHS: $0.7729-79 Support Region Remains Key
*RES 4: $0.7965 - Hourly support Feb 16a now resistance
*RES 3: $0.7941 - Hourly support Feb 16 now resistance
*RES 2: $0.7910 - Hourly resistance Feb 20
*RES 1: $0.7879 - Hourly resistance Feb 21
*PRICE: $0.7861 @ 0530GMT
*SUP 1: $0.7779 - 200-DMA 
*SUP 2: $0.7729 - High Dec 25 now support 
*SUP 3: $0.7694 - High Dec 15 now support 
*SUP 4: $0.7629 - Low Dec 14
*COMMENTARY: The break of $0.7867 last week sees initial focus on $0.7229-0.7779
where 100 & 200-DMAs are located although follow through has been lacking. Bears
continue to look for a close below $0.7729 to end bullish hopes and shift focus
to $0.7500 Dec lows. Bulls still need a close above $0.7879 to ease bearish
pressure and above $0.7989 to return focus to $0.8118-62 where 2018 highs are
noted.

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