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Rally Fazed By The Congested...........>

AUSSIE TECHS: Rally Fazed By The Congested $0.7730-$0.7735 Region
*RES 4: $0.7804 Mar 16 high
*RES 3: $0.7786 Mar 22 high
*RES 2: $0.7758/69 Mar 26 high, 1% volatility band
*RES 1: $0.7730/35 Congestion area Mar 23-27
*PRICE: $0.7683 @0914GMT 
*SUP 1: $0.7663 Apr 4 low
*SUP 2: $0.7641 Equality fall from $0.7917 to $0.7989-$0.7713
*SUP 3: $0.7615 1% volatility band
*SUP 4: $0.7603/07 7 week bear channel, swing $0.7672-$0.7786
*COMMENTARY* The triangular consolidation broke to the downside, losing support
from last month's previous $0.7672 low in the process. This saw risk revert
immediately to between the 76.4% Fibo retrace level at $0.7652 and the equality
fall target at the slightly lower $0.7641 level. A low of $0.7643 actually
posted, before finding some respite. Will need a move back through the congested
$0.7730-35 region however, before real upside belief will appear.

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