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Falters Ahead Of September High At.....>

AUSSIE TECHS
AUSSIE TECHS: Falters Ahead Of September High At $0.8126
*RES 4: $0.8170 2% volatility band
*RES 3: $0.8165/67 May 2015 high, 50% of $0.9507-$0.6827
*RES 2: $0.8119/26 Jan 25, Sep 8 highs
*RES 1: $0.8095/05 Hourly resistance
*PRICE: $0.8095 @1621GMT 
*SUP 1: $0.8030/40 Hourly support
*SUP 2: $0.7995/04 Jan 24, Jan 25 lows
*SUP 3: $0.7972 7 week rising support line
*SUP 4: $0.7957 Jan 23 low
*COMMENTARY* The rally faltered at $0.8119 on Thursday, shy of the Sep 8 high at
$0.8126, before submitting to some heavily overbought hourly conditions. So far
the fall has been held above $0.7995 but more important is the lower
$0.7972-$0.7957 area. This the 7 week rising support line and outstanding low
from Jan 23. Loss here would caution and open up corrective potential of gains
from $0.7502. Resistance $0.8095-$0.8105 and then $0.8165-$0.8170 above $0.8126.

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