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$0.7840-$0.7860 Break Encourages.......>

AUSSIE TECHS
AUSSIE TECHS: $0.7840-$0.7860 Break Encourages Better Corrective Potential
*RES 4: $0.7940 Sep 22 low, now resistance
*RES 3: $0.7908 Sep 22 low, now resistance
*RES 2: $0.7883 Sep 27 high
*RES 1: $0.7875 Intraday high
*PRICE: $0.7867 @1015GMT 
*SUP 1: $0.7825/30 Hourly support
*SUP 2: $0.7799 1% volatility band
*SUP 3: $0.7785 Oct 3 low
*SUP 4: $0.7730 50% Fibo of $0.7333-$0.8126, 2% vol band
*COMMENTARY* Continued to fall this week, the loss of $0.7808-$0.7803 support
seeing $0.7767 as the next downside target, although for the time being has
found a base at $0.7785. Has become oversold, at least in the near term and the
move back above the two former $0.7840-$0.7860 highs is encouraging for a better
correction of losses sustained since last month's $0.8126 high. Ideally
$0.7825-$0.7799 support now holds.

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