$0.7863 Support Confirms...............>

AUSSIE TECHS: $0.7863 Support Confirms Significance

*RES 4: $0.8065 - 2017 High July 27

*RES 3: $0.8044 - High Aug 1

*RES 2: $0.7996 - High Aug 30

*RES 1: $0.7977 - Hourly support Aug 30a now resistance

*PRICE: $0.7947 @ 2100GMT

*SUP 1: $0.7917 - Hourly support Aug 31 

*SUP 2: $0.7863 - Low Aug 24 

*SUP 3: $0.7809 - 55-DMA 

*SUP 4: $0.7807 - Low Aug 15

*COMMENTARY: The $0.7863 support confirmed significance Thursday with the pair

having looked heavy before bouncing aggressively for a likely bullish close on

the day that sees bulls focused on $0.7996 today. Bulls need a close above this

level to reconfirm focus on $0.8044-65 and above $0.8065 to reconfirm the

bullish bias and target 2015 highs ($0.8165). Bears now need a close below

$0.7917 to return pressure to $0.7863.