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Loss Of $0.7815-$0.7818 Support........>

AUSSIE TECHS
AUSSIE TECHS: Loss Of $0.7815-$0.7818 Support Remains A Concern Here
*RES 4: $0.7884 Oct 19 high
*RES 3: $0.7857 Oct 20 high
*RES 2: $0.7825/35 Intraday, Oct 23 highs
*RES 1: $0.7805/15 Hourly resistance
*PRICE: $0.7778 @1611GMT 
*SUP 1: $0.7770/71 Intraday, Oct 11 lows
*SUP 2: $0.7755 1% volatility band
*SUP 3: $0.7730/33 50% Fibo of $0.7333-$0.8126, Oct 6 low
*SUP 4: $0.7677 2% volatility band
*COMMENTARY* Pullback continues, the loss of $0.7815 on Monday was the original
concern. Now looking at the Oct 11 low at $0.7771 for next clues. A hold around
here is required in order to maintain the remnants of the upside momentum
garnered from the month's earlier $0.7733-$0.7898 bounce. A break lower then
likely makes that rally a 4th wave correction in the fall from the year's
$0.8126 high on Sep 8. Resistance $0.7805-$0.7835.

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