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Bears Need Close Below $0.7725 *RES....>

AUSSIE TECHS
AUSSIE TECHS: Bears Need Close Below $0.7725
*RES 4: $0.7879 - Falling TL off 2018 high
*RES 3: $0.7842 - Alternating daily support/resistance
*RES 2: $0.7805 - 200-DMA
*RES 1: $0.7784 - Hourly resistance Mar 22
*PRICE: $0.7751 @ 0250GMT
*SUP 1: $0.7725 - High Mar 19 now support 
*SUP 2: $0.7669 - 2018 Low Mar 21 
*SUP 3: $0.7626 - 100-WMA, Low Dec 14 
*SUP 4: $0.7580 - High Dec 12 now support
*COMMENTARY: Fresh 2018 & 4mth lows lacked follow through resulting in a bullish
key day reversal Wednesday. Initial support is noted at $0.7725 with bears now
needing a close below to negate Wednesday's break, returning initial focus to
2018 lows and overall focus to $0.7500-80. Bulls now look for a close above the
200-DMA to pressure $0.7842-0.7916 where the falling TL off 2018 highs and
55-DMA are located. Above $0.7916 shifts focus to $0.8135-62.

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