Immediate Bullish Focus On $7906.......>

AUSSIE TECHS: Immediate Bullish Focus On $7906

*RES 4: $0.8036 - High Sept 21

*RES 3: $0.7986 - High Sept 22

*RES 2: $0.7906 - Low Sept 22 now resistance

*RES 1: $0.7857 - 200-WMA

*PRICE: $0.7809 @ 0530GMT

*SUP 1: $0.7760 - Hourly support Dec 27 

*SUP 2: $0.7729 - Highs Dec 25 & 26 now support 

*SUP 3: $0.7696 - 200-DMA 

*SUP 4: $0.7623 - Hourly support Dec 14

*COMMENTARY: Bulls took comfort in the recovery from Dec lows closing above the

100-DMA ($0.7775) and shifting overall focus to 2017 highs. Bulls now look for a

close above $0.7906 to add support to their case. Key supports remain with bears

needing a close below $0.7760 to gain breathing room. Bears still need a close

below the 200-DMA to shift initial focus to $0.7623 and hint at a move back to

$0.7495-00 with below $0.7580 to confirm.