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Above 21-DMA To Target.................>

AUSSIE TECHS
AUSSIE TECHS: Above 21-DMA To Target $0.7715-0.7842
*RES 4: $0.7642 - 21-DMA
*RES 3: $0.7620 - High Apr 24
*RES 2: $0.7590 - Hourly resistance Apr 25
*RES 1: $0.7560 - High May 4
*PRICE: $0.7526 @ 0430GMT
*SUP 1: $0.7470 - 2018 Low May 1 
*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: Bears have so far failed to capitalise on fresh 2018 lows with
correcting O/S studies providing the impetus for a correction last week. Bulls
look for a close above the 21-DMA ($0.7642) this week to shift initial focus to
$0.7715-0.7842 where 55, 100 & 200-DMAs are found. While the 21-DMA caps bears
retain focus on $0.7326 June 2017 monthly lows. Bears look for a close below
$0.7524 to add to confidence.

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