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Key $0.7520 Level Under Early..........>

AUSSIE TECHS
AUSSIE TECHS: Key $0.7520 Level Under Early Pressure Today
*RES 4: $0.7654 Dec 5 high
*RES 3: $0.7625/27 Oct 27, Nov 7 lows, now resistance
*RES 2: $0.7603 Initial low Dec 5, now resistance
*RES 1: $0.7570/75 Hourly resistance
*PRICE: $0.7525 @0855GMT 
*SUP 1: $0.7520 76.4% Fibo of $0.7333-$0.8126
*SUP 2: $0.7508 1% volatility band
*SUP 3: $0.7485 Hourly support
*SUP 4: $0.7457 1.618 swing of $0.7532-$0.7654
*COMMENTARY* The continued failure to be able to deal with $0.7655-$0.7685
resistance has culminated in a three day fall to the key 76.4% Fibo retrace
level at $0.7520. Can allow some exuberance to the lower 1% volatility band at
$0.7508 by time today but any lower and then looking at a further
$0.7485-$0.7457 fall. As a result, nearest resistance now seen from $0.7570-75,
back above here would be a near term help.

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