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21-DMA Supporting For Now *RES 4:......>

AUSSIE TECHS
AUSSIE TECHS: 21-DMA Supporting For Now
*RES 4: $0.7750 - 55-WMA
*RES 3: $0.7722 - 100-DMA
*RES 2: $0.7682 - High Apr 23
*RES 1: $0.7627 - High June 8
*PRICE: $0.7607 @ 0250GMT
*SUP 1: $0.7566 - 21-DMA 
*SUP 2: $0.7552 - Low June 4 
*SUP 3: $0.7513 - Low June 1 
*SUP 4: $0.7474 - Low May 30
*COMMENTARY: The sell-off following the topside failure around the 200-WMA
($0.7676) saw the pair flirting with the 21-DMA with bears needing a close below
$0.7552 to shift focus to $0.7410-74 where 2018 lows are noted. Initial
resistance is noted at $0.7627. Bulls now need a close above to gain breathing
room and above $0.7682 to pressure $0.7723-50 where 100 & 200-DMAs and 21 &
55-WMAs are noted. Above the 200-DMA shifts focus to $0.7916 Mar highs.

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