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Below $0.7916 To Ease Bullish..........>

AUSSIE TECHS
AUSSIE TECHS: Below $0.7916 To Ease Bullish Pressure
*RES 4: $0.8162 - Monthly high May 14 2015
*RES 3: $0.8124 - 2017 High Sept 8
*RES 2: $0.8102 - High Sept 20
*RES 1: $0.8036 - High Sept 21
*PRICE: $0.7965 @ 0530GMT
*SUP 1: $0.7935 - Low Jan 16 
*SUP 2: $0.7916 - High Jan 12 
*SUP 3: $0.7882 - Hourly support Jan 12 
*SUP 4: $0.7846 - Low Jan 12
*COMMENTARY: Bullish focus shifted to tests of 2017 highs following gains last
week and support emerging ahead of 21 ($0.7823) & 100 ($0.7773) DMAs. Bears now
need a close below $0.7916 to ease immediate bullish pressure and below the
200-DMA ($0.7714) to hint at a move back to $0.7500 with below $0.7625 to
confirm. Initial focus shifts to $0.8036 following the break of $0.7986. O/B
studies and the Bollinger top ($0.7997) remain concerns for bulls.

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