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Above 21-DMA To Shift Focus Higher.....>

AUSSIE TECHS
AUSSIE TECHS: Above 21-DMA To Shift Focus Higher
*RES 4: $0.7940 - 21-DMA
*RES 3: $0.7934 - 55-DMA
*RES 2: $0.7907 - Hourly support Sept 22 now resistance
*RES 1: $0.7883 - Hourly resistance Sept 27
*PRICE: $0.7830 @ 0430GMT
*SUP 1: $0.7821 - Hourly support Oct 3 
*SUP 2: $0.7781 - Low July 17, 21-WMA 
*SUP 3: $0.7779 - 100-DMA 
*SUP 4: $0.7743 - High July 13 now support
*COMMENTARY: Consolidation below the 55-DMA has seen the pair trade at fresh
3mth lows before again finding support ahead of the 21-WMA and 100-DMA which is
a concern for bears given daily studies looking to correct from O/S. Bulls now
need a close above $0.7883 to shift focus to $0.7907-40 where 21 & 55-DMAs are
noted and above the 21-DMA to target $0.8036-0.8125. Bears need a close below
$0.7821 to retain immediate focus on $0.7711-81.

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