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Capped Ahead Of 21-DMA *RES 4:.........>

AUSSIE TECHS: Capped Ahead Of 21-DMA
*RES 4: $0.7679 - 55-DMA
*RES 3: $0.7648 - Hourly resistance Apr 23
*RES 2: $0.7590 - Hourly resistance Apr 25
*RES 1: $0.7570 - 21-DMA
*PRICE: $0.7511 @ 0930GMT
*SUP 1: $0.7490 - Alternating daily support/resistance 
*SUP 2: $0.7472 - High May 9 now support 
*SUP 3: $0.7436 - Hourly support May 9 
*SUP 4: $0.7410 - 2018 Low May 9
*COMMENTARY: Hesitation ahead of the 21-DMA is a concern for bulls and places
the recovery from $0.7410 in question. Bears look for a close below $0.7518 to
gain breathing room and below $0.7472 to return immediate focus to 2018 lows and
then $0.7326 June lows beneath. Bulls now need a close above $0.7590 to confirm
a break of the 21-DMA and above $0.7648 to shift initial focus to $0.7679-0.7735
where the 55-DMA is located.

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