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Loss Of $0.7412-$0.7390 Support........>

AUSSIE TECHS
AUSSIE TECHS: Loss Of $0.7412-$0.7390 Support Opens Door To $0.7333-$0.7327
*RES 4: $0.7529 Jun 13 low, now resistance
*RES 3: $0.7481 Jun 15 high
*RES 2: $0.7428/30 Intraday high, hourly resistance
*RES 1: $0.7412 May 9 low, now resistance
*PRICE: $0.7384 @1558GMT 
*SUP 1: $0.7347 Intraday low
*SUP 2: $0.7327/33 61.8% of $0.6827-$0.8136, May 9 2017 low
*SUP 3: $0.7269 2018 bear channel base projection
*SUP 4: $0.7248 1.618 swing of $0.7412-$0.7677
*COMMENTARY* Has continued to fall today, losing support from the May 9 low at
$0.7412 and then the 76.4% Fibo at $0.7390. A low of $0.7347 seen so far, as we
head towards the next area of support between the May 9 2017 low at $0.7333 and
the longer term Fibo retrace level at $0.7327. These currently protecting
against a deeper $0.7269-$0.7248 fall. In the interim, $0.7412-$0.7430 provides
a near term bar to any attempt at a recovery.

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