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Above 21-DMA To Ease Bearish...........>

AUSSIE TECHS: Above 21-DMA To Ease Bearish Pressure
*RES 4: $0.7874 - 55-DMA
*RES 3: $0.7836 - 21-DMA
*RES 2: $0.7819 - High Feb 28
*RES 1: $0.7788 - 200-DMA
*PRICE: $0.7782 @ 0240GMT
*SUP 1: $0.7753 - Hourly support Mar 5 
*SUP 2: $0.7710 - 2018 Low Mar 1 
*SUP 3: $0.7694 - High Dec 15 now support 
*SUP 4: $0.7622 - Low Dec 14
*COMMENTARY: The failure to trouble $0.7694 and the lack of follow through on
approach remains a concern for bears and sees the pair now flirting with the
200-DMA. Bulls now look for a close above the 21-DMA to ease bearish pressure
and above $0.7910 to initially target $0.7989. Correcting O/S studies add
support to the bullish case. Bears now need a close below $0.7694 to confirm
focus on tests of $0.7500 Dec lows.

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