Edging Higher But Still Faces..........>

AUSSIE TECHS: Edging Higher But Still Faces Congested Resistance

*RES 4: $0.7730/33 Nov 2 high, Oct 6 low

*RES 3: $0.7703 1.618 swing of $0.7645-$0.7551

*RES 2: $0.7679/85 1% vol band, congestion area Nov 8-10 

*RES 1: $0.7655/65 Hourly resistance

*PRICE: $0.7642 @0835GMT 

*SUP 1: $0.7580/90 Hourly support

*SUP 2: $0.7551/52 Nov 30, Nov 29 lows

*SUP 3: $0.7527/32 1% volatility band, Nov 21 low

*SUP 4: $0.7520 76.4% Fibo of $0.7333-$0.8126

*COMMENTARY* Has continued to recover, albeit slowly so far, from above the

lower 1% volatility band, at $0.7527 by time today and the 76.4% Fibo retrace

level at $0.7520. Has today popped it's head above the Nov 27 high at $0.7645.

This still leaves congested resistance from between $0.7655-$0.7685 to surmount,

before the way becomes clear for a test to the swing target at $0.7703 and

previous highs at $0.7730-33. Support $0.7590-$0.7551.