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Continued Rise Still Beholden To.......>

AUSSIE TECHS
AUSSIE TECHS: Continued Rise Still Beholden To Upper 1% Volatility Band
*RES 4: $0.7955 2% volatility band
*RES 3: $0.7880/98 1% volatility band, Oct 13 high
*RES 2: $0.7884/88 Oct 19 high, 61.8% of $0.8126-$0.7502
*RES 1: $0.7875 Jan 5 high
*PRICE: $0.7835 @0910GMT 
*SUP 1: $0.7785/95 Dec 29, Jan 1 lows
*SUP 2: $0.7732 Dec 25 high, 1% volatility band
*SUP 3: $0.7695 Dec 15 high, now support
*SUP 4: $0.7680 Congestion area Dec 18-21
*COMMENTARY* Yet again the rally was contained around the upper 1% volatility
band, which has risen to $0.7890 today. A high of $0.7875 seen so far, as we
continue to make our way towards the next band of resistance situated between
$0.7884-$0.7898. The latter the last significant high from mid October last
year. Not a lot of change to the nearest support of note, $0.7795-$0.7785 now
protecting against a deeper correction of gains from last month's $0.7502 base.

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