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Bears Focused On $0.7326 *RES 4:.......>

AUSSIE TECHS
AUSSIE TECHS: Bears Focused On $0.7326
*RES 4: $0.7590 - Hourly resistance Apr 25
*RES 3: $0.7560 - High May 4
*RES 2: $0.7490 - Hourly support May 8 now resistance
*RES 1: $0.7470 - Low May 1 now resistance
*PRICE: $0.7437 @ 0250GMT
*SUP 1: $0.7383 - Bollinger band base 
*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: Fresh 2018 & 5mth lows add weight to the bearish case with
immediate focus on $0.7326. Correcting O/S daily studies remain the key concern
for bears as the pair gains traction following the break of the weekly bull
channel base ($0.7613). Layers of resistance build and add weight to the bearish
case. Bulls need a close above $0.7490 to gain breathing room and above $0.7640
to shift initial focus to $0.7701-0.7842 where 55, 100 & 200-DMAs are.

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