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

AUSSIE TECHS
AUSSIE TECHS: Bears Need Close Below 21-DMA
*RES 4: $0.7677 - Falling daily TL off 2018 High
*RES 3: $0.7652 - 55-DMA
*RES 2: $0.7648 - Hourly resistance Apr 23
*RES 1: $0.7620 - High Apr 24
*PRICE: $0.7575 @ 2130GMT
*SUP 1: $0.7547 - High May 17 now support 
*SUP 2: $0.7526 - 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 focused on $0.7620-77 where the
55-DMA and falling daily TL are noted. The Bollinger top ($0.7601) is the key
concern for bulls. Bears look for a close below the 21-DMA to signal a false
break higher and below $0.7410 to reconfirm the bearish bias and target
$0.7326-68 where May & June 17 lows are noted.

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