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Focus Firmly On $0.7692-0.7712 *RES....>

AUSSIE TECHS: Focus Firmly On $0.7692-0.7712
*RES 4: $0.7834 - High Oct 23
*RES 3: $0.7827 - 100-DMA
*RES 2: $0.7796 - Low Oct 23 now resistance
*RES 1: $0.7765 - Low Oct 11 now resistance
*PRICE: $0.7724 @ 0215GMT
*SUP 1: $0.7712 - High June 30 now support 
*SUP 2: $0.7692 - 200-DMA 
*SUP 3: $0.7631 - 55-WMA 
*SUP 4: $0.7564 - Low June 26
*COMMENTARY: Consolidation below 21 & 100 DMAs resulted in immediate pressure on
$0.7692-0.7712where the 200-DMA is located. Bears need a close below the 200-DMA
to shift focus back to $0.7520-31 where the 100-WMA is noted. Daily studies have
room to move before O/S is an issue with the Bollinger base ($0.7734) the
current concern. Bulls need a close above $0.7834 to ease bearish pressure and
above the 55-DMA to end bearish hopes and shift initial focus back to $0.7986.

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