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Pullback Holds Above Key Trend.........>

AUSSIE TECHS
AUSSIE TECHS: Pullback Holds Above Key Trend Support 
*RES 4: $0.8126/34 Sep 8 high, 2% volatility band
*RES 3: $0.8090 1.618 swing of $0.8039-$0.7957
*RES 2: $0.8073/78 1.618 swing $0.8023-$0.7942, 7 wk channel
*RES 1: $0.8039 Max 5th wave target, Jan 19 high
*PRICE: $0.8025 @0830GMT 
*SUP 1: $0.7975/85 Hourly support
*SUP 2: $0.7951/57 38.2% Fibo of $0.7808-$0.8039, Jan 23 low
*SUP 3: $0.7942/45 Jan 18 low, 7 week rising support line
*SUP 4: $0.7923/25 50% of $0.7808-$0.8039, Jan 12 high
*COMMENTARY* Having been halted by the maximum 5th wave target at $0.8039 last
week, finally gave up some ground and tested toward $0.7951-$0.7942 support, an
area which also includes the 7 week rising support line today, ahead of next
support from $0.7925-$0.7923. Meanwhile, today's recovery again meets $0.8039
resistance, above can lead to an increased $0.8073-$0.8090 rise, ahead of last
year's $0.8126 peak. Nearest support now $0.7985-$0.7975.

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