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Recovery Eyes Challenge To.............>

AUSSIE TECHS
AUSSIE TECHS: Recovery Eyes Challenge To $0.7758-$0.7762 Resistance
*RES 4: $0.7812 61.8% Fibo of $0.7917-$0.7643
*RES 3: $0.7786 Mar 22 high
*RES 2: $0.7758/62 Mar 26 high, 1% volatility band
*RES 1: $0.7739 Intraday high
*PRICE: $0.7723 @0927GMT 
*SUP 1: $0.7680/90 Hourly support
*SUP 2: $0.7650/52 Apr 2, Apr 9 lows
*SUP 3: $0.7641/43 Equality fall from $0.7917, Mar 29 low
*SUP 4: $0.7607/08 1.618 swing $0.7672-$0.7786, 1% vol band
*COMMENTARY* The triangular consolidation broke to the downside, losing support
from last month's previous $0.7672 low. 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 to sustain a move back through $0.7727 however,
before the chance of a challenge to the tougher $0.7758-$0.7762 area.

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