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Below $0.7694 To Target Dec Low *RES...>

AUSSIE TECHS
AUSSIE TECHS: Below $0.7694 To Target Dec Low
*RES 4: $0.7842 - Alternating daily support/resistance
*RES 3: $0.7803 - 200-DMA, Hourly resistance Mar 16a
*RES 2: $0.7775 - 100-DMA
*RES 1: $0.7736 - Hourly resistance Mar 16
*PRICE: $0.7701 @ 0530GMT
*SUP 1: $0.7694 - High Dec 15 now support 
*SUP 2: $0.7625 - 100-WMA, Low Dec 14 
*SUP 3: $0.7580 - High Dec 12 now support 
*SUP 4: $0.7572 - Weekly Bull channel base off 2016 low
*COMMENTARY: Immediate pressure has returned to 2018 lows following the
aggressive break of the 100-DMA and bearish close. Bears focus on the close
below $0.7694 to confirm focus on $0.7500 Dec lows. The Bollinger base ($0.7703)
is the key concern for bears. Bulls look for a close above the 200-DMA to ease
bearish pressure and above $0.7935 to confirm a break of the TL off 2018 highs
($0.7899), hinting at a move back to $0.8135-62 and above $0.7989 to confirm.

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