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55-DMA Resistance Key *RES 4:..........>

AUSSIE TECHS
AUSSIE TECHS: 55-DMA Resistance Key
*RES 4: $0.8036 - High Sept 21
*RES 3: $0.7986 - High Sept 22
*RES 2: $0.7914 - 55-DMA
*RES 1: $0.7907 - Low Sept 22 now resistance
*PRICE: $0.7872 @ 0215GMT
*SUP 1: $0.7849 - Hourly breakout level 
*SUP 2: $0.7803 - 100-DMA 
*SUP 3: $0.7765 - Low Oct 11 
*SUP 4: $0.7733 - Low Oct 6
*COMMENTARY: Having gained traction above the 100-DMA Thursday bulls capitalised
to end the week with a close above the 21-DMA ($0.7868) that sees focus on the
55-DMA. Bulls need a close above the 55-DMA to end bearish hopes and initially
target $0.7986 with overall focus returning to 2017 highs. Bears now need a
close below $0.7849 to ease pressure on the 55-DMA and below the 100-DMA to
shift focus back to $0.7680-0.7733.

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