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Focus Switches To Key..................>

AUSSIE TECHS
AUSSIE TECHS: Focus Switches To Key $0.7683-$0.7672 Support
*RES 4: $0.7809/13 2 month res line, 61.8% $0.7917-$0.7643, 
*RES 3: $0.7785 Hourly recovery high Apr 19
*RES 2: $0.7765/75 Hourly congestion Apr 16-18
*RES 1: $0.7735/44 Hourly resistance, Apr 18 low
*PRICE: $0.7693 @0927GMT 
*SUP 1: $0.7683 76.4% Fibo of $0.7643-$0.7813
*SUP 2: $0.7672 1% volatility band
*SUP 3: $0.7643 Mar 29 low
*SUP 4: $0.7595 2% volatility band
*COMMENTARY* Yesterday saw a challenge to $0.7812-$0.7813 resistance, a
combination of a 61.8% Fibo retrace level and the 2 month falling resistance
line at the time. The subsequent fall and close below $0.7744 created a bearish
'outside day' and pressure is back on key support located between the 76.4% Fibo
retrace level at $0.7683 and the lower 1% volatility band at $0.7672. Meanwhile,
resistance from $0.7735-$0.7744 poses an immediate problem to any recovery. 

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