A $0.7638 Hold Remains Vital To........>

AUSSIE TECHS: A $0.7638 Hold Remains Vital To Further Upside Potential

*RES 4: $0.7740/70 38.2% of $0.8126-$0.7502, 2% vol band

*RES 3: $0.7730 Nov 2 high,l 1.618 swing of $0.7695-$0.7638

*RES 2: $0.7695 Dec 15 high, 1% volatility band

*RES 1: $0.7680/85 Dec 20 high, hourly resistance

*PRICE: $0.7656 @0910GMT 

*SUP 1: $0.7638 Dec 15 low

*SUP 2: $0.7621 Hourly low Dec 13

*SUP 3: $0.7598 Hourly support Dec 13

*SUP 4: $0.7581 Dec 12 high, now support

*COMMENTARY* Has faltered at the edge of $0.7680-$0.7685 resistance, this

currently barring a return to the month's earlier $0.7695 high and potentially

to the higher $0.7730-$0.7740 region. This latter area is likely to prove a

decent barrier ahead of the upper 2% volatility band. In the interim, still

watching $0.7638 for support, a loss here will damage recent upside momentum and

suggest the scope for a correction of recent gains from $0.7502.