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O/B Studies Remain Key Concern *RES....>

AUSSIE TECHS
AUSSIE TECHS: O/B Studies Remain Key Concern
*RES 4: $0.8162 - Monthly high May 14 2015
*RES 3: $0.8124 - 2017 High Sept 8
*RES 2: $0.8102 - High Sept 20
*RES 1: $0.8038 - 2018 High Jan 19
*PRICE: $0.7996 @ 0240GMT
*SUP 1: $0.7935 - Low Jan 16 
*SUP 2: $0.7916 - High Jan 12 
*SUP 3: $0.7882 - Hourly support Jan 12 
*SUP 4: $0.7846 - Low Jan 12
*COMMENTARY: Follow through was again lacking on Friday's 2018 & 4mth highs
which is a concern with daily studies looking to correct from O/B. The break of
$0.7959 lacked follow through Thursday with bears now needing a close below
$0.7916 to target a correction back to $0.7774-0.7874 where the 100-DMA is
noted. While $0.7916 supports bulls remain focused on 2017 highs and then
$0.8295 2015 highs on a close above.

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