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Bears Need Close Below $0.7593 *RES....>

AUSSIE TECHS
AUSSIE TECHS: Bears Need Close Below $0.7593
*RES 4: $0.7754 - 200-DMA
*RES 3: $0.7748 - 55-WMA
*RES 2: $0.7735 - Low Apr 12 now resistance
*RES 1: $0.7682 - High Apr 23
*PRICE: $0.7648 @ 2130GMT
*SUP 1: $0.7640 - Alternating support/resistance 
*SUP 2: $0.7516 - 55-DMA 
*SUP 3: $0.7593 - High May 31 now support 
*SUP 4: $0.7543 - 21-DMA
*COMMENTARY: Gains to start the new week have resulted in a close above the
falling TL off 2018 highs ($0.7628), the 55-DMA and the $0.7640 resistance with
focus now shifting to $0.7735-54 where the 55-WMA and 200-DMA are noted. The
$0.7643 Bollinger top is the key concern for bulls. Bears now look for a close
below $0.7593 to signal a false break higher and to see focus return to layers
of support $0.7410-0.7513.

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