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Bears Need Close Below $0.7992 *RES....>

AUSSIE TECHS
AUSSIE TECHS: Bears Need Close Below $0.7992
*RES 4: $0.8295 - 2015 High Jan 15 
*RES 3: $0.8163 - Monthly High May 14 2015 
*RES 2: $0.8144 - Bollinger band top 
*RES 1: $0.8065 - 2017 High July 27
*PRICE: $0.8038 @ 0210GMT
*SUP 1: $0.8005 - Hourly resistance Aug 1 now support 
*SUP 2: $0.7992 - Hourly resistance July 31 now support 
*SUP 3: $0.7934 - Low July 28 
*SUP 4: $0.7905 - Hourly support July 25
*COMMENTARY: Bulls have regained the upper hand with the break back above
$0.8018 that sees immediate pressure back on 2017 highs. The 200-WMA comes in at
$0.8002 with a weekly close above needed to add support to the bullish case for
a move back to $0.8163-0.8295. O/B studies remain the key concern for bulls.
Bears now need a close below $0.7992 to ease bullish pressure and below $0.7934
to shift focus back to $0.7838-74.

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