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$0.7824-$0.7810 Next As Correction.....>

AUSSIE TECHS
AUSSIE TECHS: $0.7824-$0.7810 Next As Correction Deepens
*RES 4: $0.7987/92 Feb 1 low, 61.8% Fibo of $0.8136-$0.7759
*RES 3: $0.7966 Feb 15 high
*RES 2: $0.7934/36 Feb 20, Feb 19 highs
*RES 1: $0.7903/10 Intraday high, hourly resistance
*PRICE: $0.7833 @1640GMT 
*SUP 1: $0.7824 76.4% Fibo of $0.7773-$0.7989
*SUP 2: $0.7810/15 Hourly basing area Feb 9-Feb 12
*SUP 3: $0.7797 1% volatility band
*SUP 4: $0.7773 Feb 14 low
*COMMENTARY* The inability to deal with $0.7934-$0.7936 resistance over the last
couple of days has seen risk return lower especially given the loss of interim
$0.7893-$0.7890 support. Below here opens up deeper corrective opportunities of
recent $0.7759-$0.7989 gains. The congested $0.7845-$0.7840 area now the brake
to a deeper $0.7824-$0.7810 fall. Resistance $0.7903-$0.7910 but a move through
that $0.7934-$0.7936 area needed to alleviate pressure.

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