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

AUSSIE TECHS
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.

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