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Bulls Need Close Above $0.7798 *RES....>

AUSSIE TECHS: Bulls Need Close Above $0.7798
*RES 4: $0.7888 - High Sept 27
*RES 3: $0.7840 - Hourly resistance Oct 5
*RES 2: $0.7798 - Hourly resistance Oct 6a
*RES 1: $0.7788 - 100-DMA
*PRICE: $0.7783 @ 2000GMT
*SUP 1: $0.7772 - Hourly support Oct 10 
*SUP 2: $0.7733 - Low Oct 6 
*SUP 3: $0.7712 - High June 30 now support 
*SUP 4: $0.7670 - 200-DMA
*COMMENTARY: Pressure on the 21-WMA ($0.7793) & 100-DMA took its toll with a
marginal close below Friday although follow through has been lacking. Daily
studies looking to correct from O/S and the Bollinger base ($0.7721) remain key
concerns for bears. Layers of resistance remain with bulls needing a close above
$0.7798 to gain breathing room and hint at a correction back to $0.7888-0.7925
with above the 55-DMA ($0.7925) to target $0.8036-0.8125.

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