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Holding Above Pivotal..................>

AUSSIE TECHS
AUSSIE TECHS: Holding Above Pivotal $0.7795-$0.7785 Support
*RES 4: $0.7979/84 61.8% of $0.8126-$0.7502, 2% vol band
*RES 3: $0.7898/05 Oct 13 high, 1% volatility band, 
*RES 2: $0.7875/88 Jan 5 high, 61.8% of $0.8126-$0.7502
*RES 1: $0.7850/60 Hourly resistance
*PRICE: $0.7834 @0905GMT 
*SUP 1: $0.7808 Jan 9, intraday lows
*SUP 2: $0.7785/95 Dec 29, Jan 1 lows
*SUP 3: $0.7732/49 Dec 25 high, 1% volatility band
*SUP 4: $0.7695 Dec 15 high, now support
*COMMENTARY* Finding support from $0.7808 this week, above the slightly more
important $0.7795-$0.7785 area. While above here, there is scope for some
recovery, $0.7850-$0.7860 providing initial resistance now, ahead of the still
congested $0.7875-$0.7905 region. The latter the level of the upper 1%
volatility band today. Will need to move back above here to alleviate the still
bearish daily studies. Lose $0.7785 and then look to $0.7749-$0.7732 next.

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