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$0.7840-$0.7860 In The Way Of Any......>

AUSSIE TECHS
AUSSIE TECHS: $0.7840-$0.7860 In The Way Of Any Recovery Hopes
*RES 4: $0.7940 Sep 22 low, now resistance
*RES 3: $0.7908 Sep 22 low, now resistance
*RES 2: $0.7861 Sep 28 high
*RES 1: $0.7840 Oct 2 high
*PRICE: $0.7813 @1158GMT 
*SUP 1: $0.7785 Intraday low
*SUP 2: $0.7767 1.618 swing of $0.7795-$0.7840
*SUP 3: $0.7730 50% Fibo of $0.7333-$0.8126, 2% vol band
*SUP 4: $0.7713 Jun 30 high, now support
*COMMENTARY* Has continued to fall, the loss of $0.7808-$0.7803 support sees
$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, with two former
$0.7840 and $0.7860 highs, now presenting nearest resistance. Will need back
above the latter before any real upside impetus will follow and for a decent
correction of losses from the Sep 20 high at $0.8104.

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