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

AUSSIE TECHS
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.

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