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$0.7842 Resistance Remains Key *RES....>

AUSSIE TECHS
AUSSIE TECHS: $0.7842 Resistance Remains Key
*RES 4: $0.7916 - High Mar 14
*RES 3: $0.7842 - Alternating daily support/resistance
*RES 2: $0.7815 - 200-DMA
*RES 1: $0.7796 - 55-DMA
*PRICE: $0.7778 @ 2130GMT
*SUP 1: $0.7735 - Low Apr 12 
*SUP 2: $0.7713 - 21-DMA 
*SUP 3: $0.7691 - Hourly support Apr 10 
*SUP 4: $0.7641 - 100-WMA
*COMMENTARY: The $0.7842 resistance remains key this week with bulls needing a
close above to confirm breaks of 55 & 200-DMAs. The $0.7735 level provided the
base for Friday's rally with bears needing a close below this level to gain
breathing room and below the 21-DMA to return initial focus to 2018 lows and the
100-WMA. Overall bears need a close below the weekly bull channel base ($0.7594)
off 2016 lows to initially target $0.7500.

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