Lower 1% Volatility Band Still.........>

AUSSIE TECHS: Lower 1% Volatility Band Still Dictating Pace Of Fall

*RES 4: $0.7666 Nov 13 high

*RES 3: $0.7627 Nov 7 low, now resistance

*RES 2: $0.7608/10 Nov 17, Nov 16 highs

*RES 1: $0.7575/90 Intraday high, hourly resistance

*PRICE: $0.7550 @1655GMT 

*SUP 1: $0.7535 Jun 22 low, 1% volatility band

*SUP 2: $0.7520 76.4% Fibo of $0.7333-$0.8126

*SUP 3: $0.7505 Equality fall from $0.7898

*SUP 4: $0.7467 2% volatility band

*COMMENTARY* Has lost support from $0.7560 and continues to try to push lower

but is finding it increasingly difficult to deal with support from above the

lower 1% volatility band. That said, the upside has yet to show any

determination to make a recovery. The initial resistance from $0.7575-$0.7590

still comfortably capping any rallies. Will need back above here and then

$0.7608-$0.7610, if an eventual $0.7535-$0.7505 fall is to be avoided.