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

AUSSIE TECHS
AUSSIE TECHS: Bulls Need Close Above 200-DMA
*RES 4: $0.7842 - Alternating daily support/resistance
*RES 3: $0.7808 - 200-DMA
*RES 2: $0.7784 - High Mar 22
*RES 1: $0.7718 - Hourly resistance Mar 27
*PRICE: $0.7696 @ 0430GMT
*SUP 1: $0.7669 - 2018 Low Mar 21 
*SUP 2: $0.7642 - Bollinger band base 
*SUP 3: $0.7627 - 100-WMA, Low Dec 14 
*SUP 4: $0.7580 - High Dec 12 now support
*COMMENTARY: Hesitation ahead of $0.7784-0.7808 where key DMAs are situated
continues to hamper recovery efforts with pressure having returned to 2018 lows.
Bulls need 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.

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