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Further Recovery Requires Sustained....>

AUSSIE TECHS
AUSSIE TECHS: Further Recovery Requires Sustained $0.7565-$0.7567 Break
*RES 4: $0.7641 1.618 swing of $0.7567-$0.7447
*RES 3: $0.7602/12 Equality rise target, 50% $0.7813-$0.7412
*RES 2: $0.7583 1% volatility band
*RES 1: $0.7567/70 May 11, intraday highs
*PRICE: $0.7564 @1555GMT 
*SUP 1: $0.7520 Hourly support
*SUP 2: $0.7503 Intraday low
*SUP 3: $0.7477/88 Hourly base may 16, May 18 low
*SUP 4: $0.7447 May 16 low
*COMMENTARY* Rally today has seen a fresh challenge to the key $0.7565-$0.7567
area. A high of $0.7570 before slipping slightly. It is through here that is
needed before any real chance of a recovery will appear and with it a higher
correction of the losses sustained since the Apr 19 high at 0.7813. Meanwhile,
while capped here, then look to $0.7520 and then the day's $0.7503 low for
support and protection against a $0.7488-$0.7477 return.

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