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$0.7838 & $0.7949 Levels Key *RES 4:...>

AUSSIE TECHS
AUSSIE TECHS: $0.7838 & $0.7949 Levels Key
*RES 4: $0.7998 - Hourly resistance Aug 1 
*RES 3: $0.7979 - High Aug 4 
*RES 2: $0.7949 - High Aug 7 
*RES 1: $0.7919 - Hourly support Aug 8 now resistance
*PRICE: $0.7898 @ 0210GMT
*SUP 1: $0.7858 - Low Aug 9 
*SUP 2: $0.7838 - High July 17 now support 
*SUP 3: $0.7781 - Low July 17 
*SUP 4: $0.7749 - Hourly support July 14a
*COMMENTARY: The pair remains heavy with immediate bearish focus on the $0.7838
support. Overall a close below $0.7838 is needed to shift focus to
$0.7749-0.7781. Layers of resistance are adding weight to the bearish case with
bulls needing a close above $0.7949 to ease bearish pressure and above $0.7998
to shift focus initial focus back to $0.8044-65 where 2017 highs are located.
Daily studies have room to move before becoming O/S.

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