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Bulls Flexing Their Muscle *RES 4:.....>

AUSSIE TECHS
AUSSIE TECHS: Bulls Flexing Their Muscle
*RES 4: $0.7906 - Low Sept 22 now resistance
*RES 3: $0.7785 - 100-DMA
*RES 2: $0.7768 - Low Oct 24 now resistance
*RES 1: $0.7730 - High Nov 2
*PRICE: $0.7705 @ 2030GMT
*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 ($0.7669) & 200-DMAs has taken its toll with a
likely close 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.

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