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Bears Need Close Below 21-DMA *RES.....>

AUSSIE TECHS
AUSSIE TECHS: Bears Need Close Below 21-DMA
*RES 4: $0.7683 - Falling daily TL off 2018 High
*RES 3: $0.7657 - 55-DMA
*RES 2: $0.7648 - Hourly resistance Apr 23
*RES 1: $0.7620 - High Apr 24
*PRICE: $0.7585 @ 0250GMT
*SUP 1: $0.7547 - High May 17 now support 
*SUP 2: $0.7528 - 21-DMA 
*SUP 3: $0.7486 - Low May 18 
*SUP 4: $0.7445 - Low May 15
*COMMENTARY: Pressure returning to the 21-DMA took its toll Monday with a close
above $0.7547 confirming a break and bulls now looking for a close above $0.7589
to shift initial focus to $0.7648-83 where the 55-DMA and falling TL off 2018
highs are located. Bears now look for a close below the 21-DMA to signal a false
break higher and below $0.7410 to reconfirm the bearish bias and confirm focus
on the $0.7326-68 region where May & June 17 lows are noted.

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