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$0.7815-$0.7818 Again Provides Near....>

AUSSIE TECHS
AUSSIE TECHS: $0.7815-$0.7818 Again Provides Near Term Support
*RES 4: $0.7930 50% Fibo of $0.8126-$0.7733
*RES 3: $0.7898/09 Oct 13 high, 1% volatility band
*RES 2: $0.7884 Oct 19 high
*RES 1: $0.7855/65 Hourly resistance
*PRICE: $0.7837 @1315GMT 
*SUP 1: $0.7815/18 Hourly support, Oct 17 low
*SUP 2: $0.7797 Oct 10 high, now support
*SUP 3: $0.7771 Oct 11 low
*SUP 4: $0.7730/33 50% Fibo of $0.7333-$0.8126, Oct 6 low
*COMMENTARY* Having found support from just above the 50% Fibo retrace level at
$0.7730 early in the month, there has been a gradual improvement, resulting in a
high of $0.7898 last Friday. This basically in line with a test to the upper 1%
volatility band at the time, now at the higher $0.7909 level today. Currently
correcting some near term overbought conditions, the $0.7815-$0.7818 area once
again providing key support against a deeper $0.7797-$0.7771 fall.

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