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STIR

BLOCKs, Jun'23 SOFR Puts

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100-DMA Supporting, 55-DMA Capping.....>

AUSSIE TECHS
AUSSIE TECHS: 100-DMA Supporting, 55-DMA Capping
*RES 4: $0.7910 - 55-DMA
*RES 3: $0.7907 - Low Sept 22 now resistance
*RES 2: $0.7876 - Hourly resistance Oct 15
*RES 1: $0.7862 - Hourly resistance Oct 16
*PRICE: $0.7853 @ 0430GMT
*SUP 1: $0.7811 - 100-DMA 
*SUP 2: $0.7765 - Low Oct 11 
*SUP 3: $0.7733 - Low Oct 6 
*SUP 4: $0.7712 - High June 30 now support
*COMMENTARY: With bulls now needing a close above the 55-DMA to end bearish
hopes and initially target $0.7986, bears take comfort in the pair remaining
capped ahead of the 55-DMA to start the new week. Bears continue to look for a
close below the 100-DMA to shift focus back to $0.7684-0.7733 where the 200-DMA
and Oct lows are located. Daily studies are currently lingering around neutral
levels and providing few clues.

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