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Capped On Approach To 55-DMA *RES 4:...>

AUSSIE TECHS
AUSSIE TECHS: Capped On Approach To 55-DMA
*RES 4: $0.7914 - 55-DMA
*RES 3: $0.7907 - Low Sept 22 now resistance
*RES 2: $0.7876 - Hourly resistance Oct 15
*RES 1: $0.7862 - Hourly resistance Oct 16
*PRICE: $0.7840 @ 0215GMT
*SUP 1: $0.7807 - 100-DMA 
*SUP 2: $0.7765 - Low Oct 11 
*SUP 3: $0.7733 - Low Oct 6 
*SUP 4: $0.7712 - High June 30 now support
*COMMENTARY: With bulls now needing a close above the 55-DMA to end bearish
hopes and initially target $0.7986, bears take comfort in the pair remaining
capped ahead of the 55-DMA to start the new week and looking a little heavy.
Bears continue to look for a close below the 100-DMA to shift focus back to
$0.7682-0.7733. Daily studies are well placed for a fresh leg lower.

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