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Looking A Little Heavy *RES 4:.........>

AUSSIE TECHS: Looking A Little Heavy
*RES 4: $0.7887 - 21-DMA
*RES 3: $0.7840 - Hourly resistance Oct 5
*RES 2: $0.7798 - Hourly resistance Oct 6a
*RES 1: $0.7809 - Hourly resistance Oct 11
*PRICE: $0.7782 @ 0220GMT
*SUP 1: $0.7772 - Hourly support Oct 10 
*SUP 2: $0.7733 - Low Oct 6 
*SUP 3: $0.7712 - High June 30 now support 
*SUP 4: $0.7672 - 200-DMA
*COMMENTARY: The recovery from last week's low saw the pair pop above the
100-DMA ($0.7790) but follow through appears to be lacking. Bulls now need a
close above $0.7809 to add support to the case for a bounce back to 21 & 55-DMAs
($0.7887-0.7921). Correcting O/S studies add support to the case for a
correction. Bears now need a close below $0.7772 to ease renewed bullish
pressure and below $0.7712 to focus on the 200-DMA ($0.7672).

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