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Hesitating Ahead Of Key Resistance.....>

AUSSIE TECHS
AUSSIE TECHS: Hesitating Ahead Of Key Resistance Layers
*RES 4: $0.7916 - High Mar 14
*RES 3: $0.7842 - Alternating daily support/resistance
*RES 2: $0.7814 - 200-DMA
*RES 1: $0.7801 - 55-DMA
*PRICE: $0.7770 @ 2130GMT
*SUP 1: $0.7735 - Low Apr 12 
*SUP 2: $0.7710 - 21-DMA 
*SUP 3: $0.7691 - Hourly support Apr 10 
*SUP 4: $0.7641 - 100-WMA
*COMMENTARY: The $0.7842 resistance remains key this week with bulls needing a
close above to confirm breaks of 55 & 200-DMAs and the falling daily TL
($0.7768). $0.7735 provided the base for Friday's rally with bears needing a
close below to gain breathing room and below the 21-DMA to return initial focus
to 2018 lows and the 100-WMA. Overall bears need a close below the weekly bull
channel base ($0.7594) off 2016 lows to initially target $0.7500.

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