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Correcting O/S Studies Key Concern.....>

AUSSIE TECHS
AUSSIE TECHS: Correcting O/S Studies Key Concern For Bears
*RES 4: $0.7552 - 55-DMA
*RES 3: $0.7510 - 21-DMA
*RES 2: $0.7481 - High June 15
*RES 1: $0.7443 - Highs June 25 & 26
*PRICE: $0.7372 @ 0240GMT
*SUP 1: $0.7342 - 2018 Low June 21 
*SUP 2: $0.7326 - Monthly Low May 9 2017 
*SUP 3: $0.7265 - Low Jan 5 2017 
*SUP 4: $0.7246 - High Dec 30 now support
*COMMENTARY: Correcting O/S daily studies remain the key concern for bears who
now need a close below $0.7326 to shift focus to $0.7150-60 where 2017 lows are
noted. Initial resistance is now noted at $0.7443 where the recovery appears to
have stalled for now, but bulls look for a close above $0.7481 to shift initial
focus back to $0.7552-0.7627 where the 55 ($0.7552) DMA is located. Above the
55-DMA then initially targets $0.7627-0.7735.

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