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Bulls Need Close Above $0.7963 *RES....>

AUSSIE TECHS
AUSSIE TECHS: Bulls Need Close Above $0.7963
*RES 4: $0.7998 - Hourly resistance Aug 1
*RES 3: $0.7963 - High Aug 17
*RES 2: $0.7936 - Hourly resistance Aug 17
*RES 1: $0.7902 - Hourly support Aug 17 now resistance
*PRICE: $0.7897 @ 0430GMT
*SUP 1: $0.7867 - Hourly resistance Aug 16a now support 
*SUP 2: $0.7849 - Hourly support Aug 16 
*SUP 3: $0.7807 - Low Aug 15 
*SUP 4: $0.7781 - Low July 17
*COMMENTARY: The lack of topside follow through on the break of $0.7949 is less
than ideal for bulls and leaves the pair looking a little heavy. The $0.7867
support is key today with bears needing a close below to confirm an easing of
bullish pressure and shift focus back to $0.7739-0.7809 where the 55-DMA
($0.7747) is noted. Bulls now need a close above $0.7963 to shift focus back to
$0.8044-65 where 2017 highs are located.

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