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Finding Support Ahead of 55-DMA *RES...>

AUSSIE TECHS
AUSSIE TECHS: Finding Support Ahead of 55-DMA
*RES 4: $0.8061 - Hourly resistance Sept 11
*RES 3: $0.8035 - High Sept 18
*RES 2: $0.8000 - Hourly support Sept 18 now resistance
*RES 1: $0.7981 - Hourly support Sept 14 now resistance
*PRICE: $0.7961 @ 2100GMT
*SUP 1: $0.7920 - Low Sept 1 
*SUP 2: $0.7895 - 55-DMA 
*SUP 3: $0.7876 - Bollinger band base 
*SUP 4: $0.7863 - Low Aug 24
*COMMENTARY: The reversal lower from the day's highs Monday sees the pair
flirting with the 21-DMA ($0.7969) & bull channel base ($0.7967) & pressure on
the $0.7920 support. Bears need a close below this level to pressure the 55-DMA
and below $0.7863 to shift initial focus back to $0.7781-0.7807. Layers of
resistance are building once again with bulls now needing a close above $0.8000
to gain breathing room and above $0.8081 to shift focus back to 2017 highs.

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