Fall Once Again Being Held By Lower....>

AUSSIE TECHS: Fall Once Again Being Held By Lower 1% Volatility Band

*RES 4: $0.7625/27 Oct 27, Nov 7 lows, now resistance

*RES 3: $0.7598 Hourly recovery high Dec 6

*RES 2: $0.7572 Hourly base Dec 6, now resistance

*RES 1: $0.7555/60 Hourly resistance

*PRICE: $0.7530 @0705GMT 

*SUP 1: $0.7502 Dec 8 low

*SUP 2: $0.7483/89 6 week bear channel base, 1% vol band

*SUP 3: $0.7457 1.618 swing of $0.7532-$0.7654

*SUP 4: $0.7413 2% volatility band

*COMMENTARY* The continued failure to be able to deal with $0.7655-$0.7685

resistance culminated last week in a fall and break below the key 76.4% Fibo

retrace level at $0.7520. A low of $0.7502 seen so far and can allow some

exuberance to the lower 1% volatility band and 6 week bear channel base between

$0.7489-$0.7483. Any lower and then looking at a further 0.7457 fall. Nearest

resistance now 0.7555-60, back above here would give some respite.