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

AUSSIE TECHS
AUSSIE TECHS: Bears Need Close Below 21-DMA
*RES 4: $0.7652 - 55-DMA
*RES 3: $0.7648 - Hourly resistance Apr 23
*RES 2: $0.7620 - High Apr 24
*RES 1: $0.7582 - Hourly resistance May 23
*PRICE: $0.7555 @ 0430GMT
*SUP 1: $0.7524 - 21-DMA 
*SUP 2: $0.7486 - Low May 18 
*SUP 3: $0.7445 - Low May 15 
*SUP 4: $0.7410 - 2018 Low May 9
*COMMENTARY: Topside follow through was lacking Tuesday with the rejection ahead
of $0.7620 seeing pressure back on support layers. 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 target $0.7326-68 where May & June 17 lows are noted.
Layers of resistance remain $0.7620-77 with bulls needing a close above the
falling TL ($0.7677) to shift focus to $0.7735-0.7842.

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