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Above $0.7481 To Gain Breathing Room...>

AUSSIE TECHS
AUSSIE TECHS: Above $0.7481 To Gain Breathing Room
*RES 4: $0.7583 - Hourly resistance June 13
*RES 3: $0.7527 - Low June 13 now resistance
*RES 2: $0.7481 - High June 15
*RES 1: $0.7456 - High June 18
*PRICE: $0.7401 @ 0430GMT
*SUP 1: $0.7391 - 2018 Low May 19 
*SUP 2: $0.7368 - Monthly Low June 1 2017 
*SUP 3: $0.7326 - Monthly Low May 9 2017 
*SUP 4: $0.7265 - Low Jan 5 2017
*COMMENTARY: The sell-off from ahead of $0.7682 has now resulted in fresh 2018 &
12 month lows adding weight to the case for a test of $0.7326-68 May & June 2017
lows. Layers of resistance have been left in the wake with bulls needing a close
above $0.7481 to gain breathing room and above $0.7627 to shift initial focus
back to layers of resistance $0.7682-0.7735 where 100 & 200-DMAs are noted. O/S
studies are a concern for bears.

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