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AUSSIE TECHS: Downside Back Under Pressure As $0.7370 Support Wavers
*RES 4: $0.7476/81 May 29 low, Jun 15 high
*RES 3: $0.7457 Jun 22 high
*RES 2: $0.7438 Hourly recovery high Jun 25
*RES 1: $0.7400/10 Hourly resistance
*PRICE: $0.7374 @0923GMT
*SUP 1: $0.7362/70 Intraday low, initial rally high Jun 21
*SUP 2: $0.7345 Jun 21 low
*SUP 3: $0.7327/33 61.8% of $0.6827-$0.8136, May 9 2017 low
*SUP 4: $0.7276 1.618 swing of $0.7345-$0.7457
*COMMENTARY* Last week's dips to firstly $0.7347 and then $0.7345, had a duel
with the lower 2% volatility band, which managed to control the fall. The
following recovery on the back of heavily oversold studies reached $0.7457,
before again giving back some ground. Support from $0.7380-$0.7370, is under
challenge, sustained move below the latter would concern again. Resistance
meanwhile falls to $0.7400-$0.7438.