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Bears Focused On $0.7229-0.7802 *RES...>

AUSSIE TECHS
AUSSIE TECHS: Bears Focused On $0.7229-0.7802
*RES 4: $0.8046 - Hourly resistance Feb 1
*RES 3: $0.7981 - 21-DMA
*RES 2: $0.7954 - High Feb 5
*RES 1: $0.7911 - High Feb 6
*PRICE: $0.7904 @ 0240GMT
*SUP 1: $0.7869 - Hourly support Feb 6 
*SUP 2: $0.7832 - Low Feb 6, Bollinger band base 
*SUP 3: $0.7802 - Low Jan 3 
*SUP 4: $0.7794 - 55-DMA
*COMMENTARY: Hesitation ahead of $0.8135-62 took its toll with bearish focus
currently on the $0.7729-0.7802 region where key DMAs are clustered. The
Bollinger base is the key concern with support emerging on dips. Bulls now need
a close above $0.7911 to gain breathing room now and above the 21-DMA to shift
focus back to 2017 highs. Bears now need a close below $0.7729 confirm breaks of
DMA & WMAS & to shift focus back to $0.7500 Dec lows.

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