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Continued Rise Reaches Upper 1%........>

AUSSIE TECHS
AUSSIE TECHS: Continued Rise Reaches Upper 1% Volatility Band
*RES 4: $0.7927 2% volatility band
*RES 3: $0.7898 Oct 13 high
*RES 2: $0.7884/88 Oct 19 high, 61.8% of $0.8126-$0.7502
*RES 1: $0.7845/50 Jan 2 high, 1% volatility band
*PRICE: $0.7838 @0906GMT 
*SUP 1: $0.7770/75 Hourly support
*SUP 2: $0.7732 Dec 25 high, now support
*SUP 3: $0.7695 Dec 15 high, now support
*SUP 4: $0.7680 Congestion area Dec 18-21
*COMMENTARY* Continued to forge higher, the latest rally breaking through the
50% Fibo retrace level at $0.7814 and also the equality rise target at $0.7831.
This from $0.7638 to the previous $0.7502-$0.7695 rally seen at the beginning of
last month. Now the upper 1% volatility band stands in the way of a further
$0.7884-$0.7898 rise. As a result, support moves up to $0.7775-$0.7770, with the
Dec 25 high at $0.7732 more important below. 

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