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Recovery Has $0.7457-$0.7481...........>

AUSSIE TECHS
AUSSIE TECHS: Recovery Has $0.7457-$0.7481 Resistance Next
*RES 4: $0.7550/61 61.8% of $0.7677-$0.7345, Jun 8 low 
*RES 3: $0.7521/29 1% volatility band, Jun 13 low
*RES 2: $0.7476/81 May 29 low, Jun 15 high
*RES 1: $0.7449/57 1.618 swing $0.7409-$0.7345, Jun 22 high
*PRICE: $0.7398 @1640GMT 
*SUP 1: $0.7390/95 Hourly support
*SUP 2: $0.7370 Initial rally high Jun 21, now support
*SUP 3: $0.7345 Jun 21 low
*SUP 4: $0.7327/33 61.8% of $0.6827-$0.8136, May 9 2017 low
*COMMENTARY* Last week's dips to firstly $0.7347 and then $0.7345, had a duel
with the lower 2% volatility band, which managed to control the fall. The
following recovery on the back of heavily oversold studies has reached $0.7457
so far, before giving back some ground. Support now between $0.7395-$0.7370,
back below the latter would concern again. Above $$0.7457 and $0.7476-$0.7481
becomes the next potential barrier to overcome.

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