Gaining Traction Above 100-DMA *RES....>

AUSSIE TECHS: Gaining Traction Above 100-DMA

*RES 4: $0.7907 - Hourly support Sept 22 now resistance

*RES 3: $0.7918 - 55-DMA

*RES 2: $0.7880 - 21-DMA

*RES 1: $0.7840 - Hourly resistance Oct 5

*PRICE: $0.7824 @ 2000GMT

*SUP 1: $0.7799 - Hourly resistance Oct 12 now support 

*SUP 2: $0.7765 - Low Oct 11 

*SUP 3: $0.7733 - Low Oct 6 

*SUP 4: $0.7712 - High June 30 now support

*COMMENTARY: The pair is currently gaining traction above the 100-DMA ($0.7794)

with a likely close above $0.7809 to add support to the case for a bounce back

to 21 & 55-DMAs ($0.7880-0.7918). Correcting O/S studies add support to the case

for a correction. Layers of support are building with bears now needing a close

below $0.7765 to ease renewed bullish pressure and below $0.7712 to focus on the

200-DMA ($0.7674).