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Hesitating Ahead Of Key Resistance.....>

AUSSIE TECHS
AUSSIE TECHS: Hesitating Ahead Of Key Resistance Layers
*RES 4: $0.7842 - Alternating daily support/resistance
*RES 3: $0.7813 - 200-DMA
*RES 2: $0.7784 - High Mar 22
*RES 1: $0.7774 - Falling daily TL off 2018 high
*PRICE: $0.7770 @ 0430GMT
*SUP 1: $0.7735 - Low Apr 12 
*SUP 2: $0.7707 - 21-DMA 
*SUP 3: $0.7691 - Hourly support Apr 10 
*SUP 4: $0.7635 - 100-WMA
*COMMENTARY: Hesitation ahead of $0.7774-0.7842 where the falling TL off 2018
highs and key DMA & WMAs are noted is a concern. Narrowing Bolli bands increase
the risk of a break out. Bulls need a close above $0.7842 to end bearish hopes
and shift initial focus to $0.7916 and overall focus to $0.8135-62. Bears need a
close below the 21-DMA to ease bullish pressure and below $0.7630 to confirm a
break of the 100-WMA and reconfirm focus on $0.7500-86.

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