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Immediate Focus Back On 2018 Low.......>

AUSSIE TECHS
AUSSIE TECHS: Immediate Focus Back On 2018 Low
*RES 4: $0.7589 - High Apr 26
*RES 3: $0.7555 - 21-DMA
*RES 2: $0.7519 - Low May 11 now resistance
*RES 1: $0.7502 - Hourly resistance May 15
*PRICE: $0.7483 @ 0930GMT
*SUP 1: $0.7445 - Low May 15 
*SUP 2: $0.7436 - Hourly support May 9 
*SUP 3: $0.7410 - 2018 Low May 9 
*SUP 4: $0.7368 - Monthly Low June 1 2017
*COMMENTARY: Hesitation ahead of the 21-DMA resulted in an aggressive break of
the $0.7472-0.7519 support region that sees immediate focus back on tests of
2018 lows. A close below current 2018 lows would confirm focus on the $0.7326-68
region where May & June 17 lows are noted. Daily studies are well placed for a
fresh leg lower. Bulls now need a close above $0.7519 to ease bearish pressure
and above $0.7589 to shift initial focus back to $0.7648.

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