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Bulls Need Close Above $0.7546 *RES....>

AUSSIE TECHS
AUSSIE TECHS: Bulls Need Close Above $0.7546
*RES 4: $0.7648 - Hourly resistance Apr 23
*RES 3: $0.7620 - High Apr 24
*RES 2: $0.7590 - Hourly resistance Apr 25
*RES 1: $0.7546 - High May 1
*PRICE: $0.7531 @ 2130GMT
*SUP 1: $0.7470 - 2018 Low May 1 
*SUP 2: $0.7368 - Monthly Low June 1 2017 
*SUP 3: $0.7326 - Monthly Low May 9 2017 
*SUP 4: $0.7265 - Low Jan 5 2017
*COMMENTARY: Recent 2018 & nearly 12 month lows following the close below
$0.7498 left the pair looking heavy and bears focused on $0.7326. Bears now look
for a close below this level to then target $0.7142 Dec 2016 monthly lows. O/S
studies have provided the impetus for a bounce. Bulls now need a close above
$0.7546 to gain breathing room and above $0.7590 to initially pressure the
$0.7648 resistance level where the 21-DMA is located.

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