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Bears Need Close Below $0.7916 *RES....>

AUSSIE TECHS
AUSSIE TECHS: Bears Need Close Below $0.7916
*RES 4: $0.8102 - High Sept 20
*RES 3: $0.8036 - High Sept 21
*RES 2: $0.8022 - 2018 High Jan 17
*RES 1: $0.7994 - Hourly resistance Jan 18
*PRICE: $0.7961 @ 0240GMT
*SUP 1: $0.7935 - Low Jan 16 
*SUP 2: $0.7916 - High Jan 12 
*SUP 3: $0.7882 - Hourly support Jan 12 
*SUP 4: $0.7846 - Low Jan 12
*COMMENTARY: Follow through was lacking on Wednesday's 2018 & 4mth highs which
is a concern with daily studies looking to correct from O/S and daily momentum
divergence. Bears take comfort on the break of $0.7959 but now need a close
below $0.7916 to target a correction back to $0.7773-0.7825 where the 21 &
100-DMAs are noted. While $0.7916 supports bulls remain focused on 2017 highs
and then $0.8295 2015 highs.

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