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Bears Still Need Close Below $0.7729...>

AUSSIE TECHS
AUSSIE TECHS: Bears Still Need Close Below $0.7729
*RES 4: $0.7910 - Hourly resistance Feb 20
*RES 3: $0.7878 - 21-DMA
*RES 2: $0.7869 - 55-DMA
*RES 1: $0.7819 - High Feb 28
*PRICE: $0.7772 @ 2030GMT
*SUP 1: $0.7729 - High Dec 25 now support 
*SUP 2: $0.7694 - High Dec 15 now support 
*SUP 3: $0.7629 - Low Dec 14 
*SUP 4: $0.7629 - Low Dec 14
*COMMENTARY: The break of $0.7867 shifted initial focus to $0.7229-0.7784 with
bears continuing to look for a close below $0.7729 to end bullish hopes and
shift focus to $0.7500 Dec lows. The pair is currently trading below the 200-DMA
($0.7784) which adds weight to the bearish case. Bulls now need a close above
the $0.7910 to ease bearish pressure and above $0.7989 to return focus to
$0.8118-62 where 2018 highs and May 2015 monthly highs are noted.

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