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$0.7808-43 Support Now Key *RES 4:.....>

AUSSIE TECHS
AUSSIE TECHS: $0.7808-43 Support Now Key
*RES 4: $0.7985 - Low Feb 1 now resistance
*RES 3: $0.7963 - 21-DMA
*RES 2: $0.7954 - High Feb 5
*RES 1: $0.7911 - High Feb 6
*PRICE: $0.7863 @ 0530GMT
*SUP 1: $0.7843 - High Feb 8 now support 
*SUP 2: $0.7808 - 55-DMA 
*SUP 3: $0.7758 - 200-DMA 
*SUP 4: $0.7729 - High Dec 25 now support
*COMMENTARY: Bulls take comfort in the recovery from last week's 200-DMA test
when combined with daily studies correcting from O/S. Initial support is noted
at $0.7843 with bears needing a close below to gain breathing room and below the
55-DMA to retain focus on $0.7729-58. Bears need a close below $0.7729 confirm
breaks of DMA & WMAS & to shift focus back to $0.7500 Dec lows. Bulls need a
close above the 21-DMA to shift focus back to 2018 highs.

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