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$0.7838 & $0.7949 Levels Remain Key....>

AUSSIE TECHS
AUSSIE TECHS: $0.7838 & $0.7949 Levels Remain Key
*RES 4: $0.7998 - Hourly resistance Aug 1
*RES 3: $0.7949 - High Aug 7
*RES 2: $0.7932 - 21-DMA
*RES 1: $0.7919 - Hourly support Aug 8 now resistance
*PRICE: $0.7909 @ 0430GMT
*SUP 1: $0.7885 - Hourly support Aug 14
*SUP 2: $0.7868 - Hourly resistance Aug 11 now support
*SUP 3: $0.7838 - High July 17 now support
*SUP 4: $0.7781 - Low July 17
*COMMENTARY: The key $0.7838 support confirmed significance last week having
remained unbroken under pressure. Overall a close below $0.7838 is needed to
shift focus to $0.7749-0.7781. Bulls continue to look for a close above $0.7949
to hint at a move back to $0.8044-65 with above $0.7998 needed to confirm. The
Bollinger base ($0.7840) remains the key concern for bears with potential to
limit follow through.

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