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Decline Challenging $0.7808-$0.7803....>

AUSSIE TECHS
AUSSIE TECHS: Decline Challenging $0.7808-$0.7803 Support
*RES 4: $0.7940 Sep 22 low, now resistance
*RES 3: $0.7908 Sep 22 low, now resistance
*RES 2: $0.7883 Sep 27 high
*RES 1: $0.7855/65 Hourly resistance
*PRICE: $0.7823 @1318GMT 
*SUP 1: $0.7800/03 Low, 1.618x $0.8126-$0.7940 from $0.8104
*SUP 2: $0.7778 2% volatility band
*SUP 3: $0.7730 50% Fibo of $0.7333-$0.8126
*SUP 4: $0.7713 Jun 30 high, now support
*COMMENTARY* Continues to give up ground, the swing target at $0.7840 and the
38.2% Fibo retrace at $0.7823, the latest supports to give way. The next key
levels of support, from the Aug 15 low at $0.7808 and the projection target at
$0.7803, under pressure too. Resistance falls as a result, to 0.7855-65, with
yesterday's $0.7883 high the barrier to any higher recovery hopes. Below $0.7800
and look to the 2% volatility band to protect the 50% retrace at $0.7730.

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