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Flirting With 55-DMA *RES 4: $0.8101...>

AUSSIE TECHS
AUSSIE TECHS: Flirting With 55-DMA
*RES 4: $0.8101 - High Sept 20 
*RES 3: $0.8068 - Hourly support Sept 20a now resistance 
*RES 2: $0.8036 - High Sept 21
*RES 1: $0.7986 - High Sept 22
*PRICE: $0.7938 @ 2130GMT
*SUP 1: $0.7907 - Hourly support Sept 22 
*SUP 2: $0.7902 - Bollinger band base 
*SUP 3: $0.7863 - Low Aug 24 
*SUP 4: $0.7807 - Monthly Low Aug 15
*COMMENTARY: Pressure on the daily bull channel base took its toll with an
aggressive break and close below Thursday that sees the pair flirting with the
55-DMA ($0.7929). Bears need a close below $0.7907 to confirm a break of the
55-DMA ending bullish hopes, shifting initial focus to $0.7863 and overall focus
to $0.7781-0.7807. Layers of resistance remain with bulls needing a close above
$0.8036 to shift focus back to 2017 highs.

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