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$0.7940-45 In The Way Of Fresh.........>

AUSSIE TECHS
AUSSIE TECHS: $0.7940-45 In The Way Of Fresh Upside Interest
*RES 4: $0.8020/25 Swing and equality rise targets
*RES 3: $0.8005 76.4% Fibo of $0.8066-$0.7808
*RES 2: $0.7963/67 Aug 17 high, 61.8% of $0.8066-$0.7808
*RES 1: $0.7940/45 Hourly resistance
*PRICE: $0.7916 @1215GMT 
*SUP 1: $0.7867/70 Hourly support, Aug 17 low
*SUP 2: $0.7845 Aug 14 low
*SUP 3: $0.7800/10 50% Fibo, Aug 15 low, 1% volatility band  
*SUP 4: $0.7786/87 Jul 18,17 lows, 38.2% of $0.7333-$0.8066
*COMMENTARY*  Recovery from Tuesday's fall to the top of the $0.7810-$0.7800
support area has been followed by a bounce towards the 61.8% Fibo retrace level
at $0.7967. The subsequent pullback has tested near term support from between
$0.7870-$0.7845 but now requires a move back above $0.7940-45 before renewed
upside impetus will follow for a further $0.7967-$0.8020 rise. Loss of $0.7845
will disappoint now and direct attention lower again.

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