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Focus Returns To $0.7410 Support.......>

AUSSIE TECHS
AUSSIE TECHS: Focus Returns To $0.7410 Support
*RES 4: $0.7623 - 55-DMA
*RES 3: $0.7620 - High Apr 24
*RES 2: $0.7590- High May 25
*RES 1: $0.7522 - 21-DMA
*PRICE: $0.7487 @ 0250GMT
*SUP 1: $0.7451 - Bollinger band base 
*SUP 2: $0.7445 - Low May 15 
*SUP 3: $0.7410 - 2018 Low May 9 
*SUP 4: $0.7368 - Monthly Low June 1 2017
*COMMENTARY: Bears take comfort in the close back below the 21-DMA with a close
below $0.7410 now needed to reconfirm the bearish bias and target $0.7326-68
where May & June 17 lows are noted. Layers of resistance are building and adding
weight to the bearish case. Bulls now need a close above the 21-DMA to gain
breathing room and above the falling TL ($0.7650) to end bearish hopes and shift
focus to $0.7735-0.7842.

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