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Bulls Need Close Above 21-DMA *RES.....>

AUSSIE TECHS
AUSSIE TECHS: Bulls Need Close Above 21-DMA
*RES 4: $0.7665 - 55-DMA
*RES 3: $0.7648 - Hourly resistance Apr 23
*RES 2: $0.7589 - High Apr 26
*RES 1: $0.7533 - 21-DMA
*PRICE: $0.7510 @ 0930GMT
*SUP 1: $0.7495 - Low May 17 
*SUP 2: $0.7445 - Low May 15 
*SUP 3: $0.7436 - Hourly support May 9 
*SUP 4: $0.7410 - 2018 Low May 9
*COMMENTARY: Pressure returned to the 21-DMA after bears failed to trouble 2018
lows so far this week. Bulls still need a close above the 21-DMA to ease bearish
pressure and above $0.7589 to shift initial focus back to $0.7648. Bears
continue to look for a close below 2018 lows to confirm focus on the $0.7326-68
region where May & June 17 lows are noted. Daily studies are well placed for a
fresh leg lower.

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