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Backs Away From Congested..............>

AUSSIE TECHS
AUSSIE TECHS: Backs Away From Congested $0.7655-$0.7685 Resistance Area
*RES 4: $0.7730/33 Nov 2 high, Oct 6 low
*RES 3: $0.7703 1.618 swing of $0.7645-$0.7551
*RES 2: $0.7675/85 1% vol band, congestion area Nov 8-10 
*RES 1: $0.7655/65 Hourly resistance
*PRICE: $0.7591 @1314GMT 
*SUP 1: $0.7572 Hourly support
*SUP 2: $0.7551/52 Nov 30, Nov 29 lows
*SUP 3: $0.7532 Nov 21 low
*SUP 4: $0.7520 76.4% Fibo of $0.7333-$0.8126, 1% vol band
*COMMENTARY* Continued to recover, albeit slowly over the early part of the
week. A high of $0.7654 on Tuesday, before once again succumbing to some
downside pressure. Has lost $0.7580 support today but still has $0.7552-$0.7532
safeguarding the key dual support from $0.7520. This then the protection against
a deeper $0.7457 fall. Above $0.7654 and still have congested resistance between
$0.7665-$0.7685 to surmount before any real upside impetus will follow.

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