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21-DMA Resistance Key Today *RES 4:....>

AUSSIE TECHS
AUSSIE TECHS: 21-DMA Resistance Key Today
*RES 4: $0.7773 - 55-DMA
*RES 3: $0.7730 - High Nov 2
*RES 2: $0.7693 - 200-DMA
*RES 1: $0.7633 - 21-DMA
*PRICE: $0.7602 @ 0530GMT
*SUP 1: $0.7589 - High Nov 21 now support 
*SUP 2: $0.7552 - Low Nov 22 
*SUP 3: $0.7532 - Low Nov 21 
*SUP 4: $0.7519 - Low June 9
*COMMENTARY: O/S daily studies and a lack of follow through below the Bollinger
base ($0.7544) resulted in a break of $0.7609 last week that saw pressure on the
21-DMA. Bulls still need a close above the 21-DMA to shift focus to the 200-DMA.
Initial support is noted at $0.7589 with a close below to ease pressure on the
21-DMA. Bears need a close below $0.7519 to reconfirm the bearish bias and below
the weekly bull channel base ($0.7461) to target $0.7319-65.

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