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Bulls Need Close Above 200-DMA *RES....>

AUSSIE TECHS
AUSSIE TECHS: Bulls Need Close Above 200-DMA
*RES 4: $0.7935 - High Feb 19
*RES 3: $0.7879 - Falling TL off 2018 high
*RES 2: $0.7842 - Alternating daily support/resistance
*RES 1: $0.7805 - 200-DMA
*PRICE: $0.7767 @ 2030GMT
*SUP 1: $0.7725 - High Mar 19 now support 
*SUP 2: $0.7669 - 2018 Low Mar 21 
*SUP 3: $0.7626 - 100-WMA, Low Dec 14 
*SUP 4: $0.7580 - High Dec 12 now support
*COMMENTARY: Fresh 2018 & 4mth lows lacked follow through resulting in a bullish
key day reversal Wednesday. Bulls now look for a close above the 200-DMA to gain
breathing room and confirm initial focus on $0.7842-0.7935 where the falling TL
off 2018 highs is located. The $0.7725 support is now key. Bears need a close
below this level to shift initial focus back to 2018 lows and overall focus back
to $0.7500-80.

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