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$0.7967 Break Opens Way For............>

AUSSIE TECHS
AUSSIE TECHS: $0.7967 Break Opens Way For $0.8001-$0.8005 Next
*RES 4: $0.8081 2% volatility band
*RES 3: $0.8066 Jul 27 high
*RES 2: $0.8021/23 Swing and equality rise targets
*RES 1: $0.8001/05 1% vol band, 76.4% of $0.8066-$0.7808
*PRICE: $0.7966 @1314GMT 
*SUP 1: $0.7939/45 Hourly support
*SUP 2: $0.7922 Intraday low
*SUP 3: $0.7906 Aug 28 low
*SUP 4: $0.7885/95 Hourly congestion Aug 23-25
*COMMENTARY*  Finally seen another challenge to the 61.8% Fibo retrace level at
$0.7967. A high of $0.7983 so far as we reach out towards the upper 1%
volatility band and the 76.4% retrace level at $0.8001-$0.8005 next. Will
probably need to deal with the slightly higher $0.8021-23 area however, before
full confidence in the upside will be restored. Support in the meantime comes
from between $0.7945-$0.7939, ahead of the day's $0.7922 low.

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