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BOE

Question on sequencing

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Block trade

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Put spread buyer

$0.8000-81 Resistance Region Key.......>

AUSSIE TECHS
AUSSIE TECHS: $0.8000-81 Resistance Region Key
*RES 4: $0.8061 - Hourly resistance Sept 11
*RES 3: $0.8035 - High Sept 18
*RES 2: $0.8000 - Hourly support Sept 18 now resistance
*RES 1: $0.7996 - Hourly resistance Sept 19
*PRICE: $0.7965 @ 0215GMT
*SUP 1: $0.7957 - Hourly support Sept 19 
*SUP 2: $0.7920 - Low Sept 1 
*SUP 3: $0.7901 - 55-DMA 
*SUP 4: $0.7878 - Bollinger band base
*COMMENTARY: The reversal lower from the day's highs Monday sees the pair
flirting with the 21-DMA ($0.7970) & bull channel base ($0.7967) with focus on
$0.7920. Bears need a close below this level to pressure the 55-DMA and below
$0.7863 to shift initial focus back to $0.7781-0.7807. Layers of resistance are
building once again with bulls now needing a close above $0.8000 to gain
breathing room and above $0.8081 to shift focus back to 2017 highs.