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Bounce Returns Focus To Falling TL.....>

AUSSIE TECHS
AUSSIE TECHS: Bounce Returns Focus To Falling TL
*RES 4: $0.7644 - Falling daily TL off 2018 high
*RES 3: $0.7620 - High Apr 24, 55-DMA
*RES 2: $0.7602 - Bollinger band top
*RES 1: $0.7590- High May 25
*PRICE: $0.7563 @ 0430GMT
*SUP 1: $0.7530 - 21-DMA 
*SUP 2: $0.7474 - Low May 30 
*SUP 3: $0.7457 - Bollinger band base 
*SUP 4: $0.7445 - Low May 15
*COMMENTARY: Bears failed to capitalise on the close below the 21-DMA with
Wednesday's rally and close back above the 21-DMA returning focus to
$0.7590-0.7644 where the 55-DMA and falling daily TL are noted. Bulls need a
close above the falling daily TL to end bearish hopes and shift focus to
$0.7735-0.7842. Bears again look for a close below the 21-DMA to gain breathing
room and add weight to the case for a test of 2018 lows.

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