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Above $0.7985 Targets $0.8118-62.......>

AUSSIE TECHS
AUSSIE TECHS: Above $0.7985 Targets $0.8118-62
*RES 4: $0.8135 - 2018 High Jan 26
*RES 3: $0.8118 - High Jan 29
*RES 2: $0.8043 - High Feb 2
*RES 1: $0.7985 - Low Feb 1 now resistance
*PRICE: $0.7964 @ 0530GMT
*SUP 1: $0.7932 - Hourly support Feb 16 
*SUP 2: $0.7890 - Hourly resistance Feb 14 now support 
*SUP 3: $0.7867 - Hourly support Feb 14 
*SUP 4: $0.7819 - Hourly resistance Feb 14 now support
*COMMENTARY: The recovery from another dip back towards the 200-DMA has been
aggressive and sees bulls looking for a close above $0.7985 to confirm a break
of the 21-DMA and return focus to the $0.8118-62 region where 2018 highs are
noted. Daily studies are well placed for a fresh leg higher. Bears need a close
below $0.7931 to gain breathing room and below $0.7867 to shift focus back to
$0.7229-69 where the 200-DMA is located.

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