Bullish Confidence Growing *RES 4:.....>

AUSSIE TECHS: Bullish Confidence Growing

*RES 4: $0.7906 - Low Sept 22 now resistance

*RES 3: $0.7779 - 100-DMA

*RES 2: $0.7768 - Low Oct 24 now resistance

*RES 1: $0.7730 - High Nov 2

*PRICE: $0.7714 @ 0530GMT

*SUP 1: $0.7692 - 200-DMA 

*SUP 2: $0.7623 - Hourly support Dec 14 

*SUP 3: $0.7596 - Hourly support Dec 13 

*SUP 4: $0.7580 - Hourly breakout level Dec 12

*COMMENTARY: Pressure on the 55 ($0.7666) & 200-DMAs has taken its toll with the

closes above the 200-DMA adding support to the bullish case. Bulls continue to

look for a close above the 100-DMA to shift overall focus to 2017 highs. Key

supports remain. Bears now need a close below the 200-DMA to gain breathing room

and below $0.7623 to hint at a move back to $0.7482-00 with below $0.7580 to

confirm.