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

AUSSIE TECHS: Bulls Need Close Above 200-DMA
*RES 4: $0.7875 - 55-DMA
*RES 3: $0.7842 - Alternating daily support/resistance
*RES 2: $0.7807 - 200-DMA
*RES 1: $0.7784 - High Mar 22
*PRICE: $0.7744 @ 2030GMT
*SUP 1: $0.7711 - Hourly support Mar 26 
*SUP 2: $0.7669 - 2018 Low Mar 21 
*SUP 3: $0.7661 - Bollinger band base 
*SUP 4: $0.7627 - 100-WMA, Low Dec 14
*COMMENTARY: Bulls failed to capitalise on the bullish key day reversal with the
pair remaining capped around DMAs $0.7777-0.7806. Bulls look for a close above
the 200-DMA to pressure $0.7842-0.7916 where the falling TL off 2018 highs and
55-DMA are located. Above $0.7916 shifts focus to $0.8135-62. While the 200-DMA
caps bears remain focused on $0.7500-80 and now look for a close below $0.7669
to add weight to their case. The Bollinger base remains the key concern.

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