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Above $0.7842 To End Bearish Hopes.....>

AUSSIE TECHS
AUSSIE TECHS: Above $0.7842 To End Bearish Hopes
*RES 4: $0.7842 - Alternating daily support/resistance
*RES 3: $0.7813 - 200-DMA, 55-DMA
*RES 2: $0.7784 - High Mar 22
*RES 1: $0.7787 - Falling daily TL off 2018 high
*PRICE: $0.7755 @ 2130GMT
*SUP 1: $0.7709 - 21-DMA 
*SUP 2: $0.7691 - Hourly support Apr 10 
*SUP 3: $0.7635 - 100-WMA 
*SUP 4: $0.7630 - Low Dec 14
*COMMENTARY: Bulls take comfort as the pair gains traction above the 21-DMA with
focus on $0.7781-0.7842 where key WMA and DMAs and the falling TL off 2018 highs
are found. Bulls need a close above $0.7842 to end bearish hopes and shift
initial focus to $0.7916 and overall focus back to $0.8135-62. Bears need a
close below the 21-DMA to ease bullish pressure and below $0.7630 to confirm a
break of the 100-WMA and reconfirm focus on $0.7500-86.

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