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21 & 100-DMAs Capping *RES 4:..........>

AUSSIE TECHS
AUSSIE TECHS: 21 & 100-DMAs Capping
*RES 4: $0.7856 - Hourly resistance Oct 20a
*RES 3: $0.7834 - High Oct 23
*RES 2: $0.7826 - 21-DMA, 100-DMA
*RES 1: $0.7796 - Low Oct 23 now resistance
*PRICE: $0.7780 @ 2030GMT
*SUP 1: $0.7765 - Low Oct 11 
*SUP 2: $0.7754 - Bollinger band base 
*SUP 3: $0.7733 - Low Oct 6 
*SUP 4: $0.7712 - High June 30 now support
*COMMENTARY: Bears gain confidence as the pair remains capped by 21 & 100 DMAs
with immediate focus on the $0.7690-0.7733 region where the 200-DMA and Oct lows
are noted. Below the 200-DMA hints at a move initially targeting $0.7513. Layers
of resistance are building and weighing with bulls needing a close above $0.7834
to ease bearish pressure and below the 55-DMA to end bearish hopes and shift
initial focus back to $0.7986.

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