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Bears Target $0.7500-80 While..........>

AUSSIE TECHS
AUSSIE TECHS: Bears Target $0.7500-80 While 200-DMA Caps
*RES 4: $0.7842 - Alternating daily support/resistance
*RES 3: $0.7805 - 200-DMA
*RES 2: $0.7784 - High Mar 22
*RES 1: $0.7735 - Hourly support Mar 22 now resistance
*PRICE: $0.7706 @ 2030GMT
*SUP 1: $0.7679 - Bollinger band base 
*SUP 2: $0.7669 - 2018 Low Mar 21 
*SUP 3: $0.7626 - 100-WMA, Low Dec 14 
*SUP 4: $0.7580 - High Dec 12 now support
*COMMENTARY: Bulls failed to capitalise on the bullish key day reversal with the
pair remaining capped around DMAs $0.7776-0.7805. Bulls now look for a close
above the 200-DMA to pressure $0.7842-0.7916 where the falling TL off 2018 highs
and 55-DMA are located. Above $0.7916 shifts focus to $0.8135-62. While the
200-DMA caps bears remain focused on $0.7500-80 and now look for a close below
$0.7669 to add weight to their case. The Bollinger base remains the key concern.

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