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Flirting With 200-DMA *RES 4:..........>

AUSSIE TECHS
AUSSIE TECHS: Flirting With 200-DMA
*RES 4: $0.7827 - 100-DMA
*RES 3: $0.7796 - Low Oct 23 now resistance
*RES 2: $0.7765 - Low Oct 11 now resistance
*RES 1: $0.7739 - Hourly resistance Oct 25
*PRICE: $0.7699 @ 2030GMT
*SUP 1: $0.7692 - 200-DMA 
*SUP 2: $0.7631 - 55-WMA 
*SUP 3: $0.7564 - Low June 26 
*SUP 4: $0.7513 - Low June 9
*COMMENTARY: Bears have dominated this week resulting in a break of $0.7712 and
pressure on the 200-DMA. Bears look for a close below the 200-WMA and a weekly
close below $0.7712 to shift focus back to $0.7325-0.7431 where the weekly bull
channel base & May lows are situated. The Bollinger base ($0.7727) is the key
concern for bears. Bulls now need a close above $0.7765 to ease bearish pressure
and above $0.7907 to end bearish hopes and shift initial focus to $0.7986.

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