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January 30, 2018 19:39 GMT
$0.8040 & 0.8162 Levels Now Key *RES...>
AUSSIE TECHS
AUSSIE TECHS: $0.8040 & 0.8162 Levels Now Key
*RES 4: $0.8295 - 2015 High Jan 15
*RES 3: $0.8162 - Monthly high May 14 2015
*RES 2: $0.8137 - Bollinger band top
*RES 1: $0.8135 - 2018 High Jan 26
*PRICE: $0.8083 @ 2030GMT
*SUP 1: $0.8041 - Hourly support Jan 26
*SUP 2: $0.8002 - Low Jan 26
*SUP 3: $0.7990 - Low Jan 24
*SUP 4: $0.7950 - 21-DMA
*COMMENTARY: Hesitation ahead of $0.8135-62 remains a concern given daily
studies looking to correct from O/B and lower daily highs. Bulls look for a
close above $0.8162 to shift focus to $0.8295-0.8542 where the weekly bull
channel top ($0.8456) is noted. Layers of support remain with bears needing a
close below $0.8040 to ease immediate bullish pressure and below $0.7916 to
target $0.7229-0.7802 where key DMAs are clustered.
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