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Recovery Has $0.7666 Resistance To.....>

AUSSIE TECHS
AUSSIE TECHS: Recovery Has $0.7666 Resistance To Deal With Next
*RES 4: $0.7774 38.2% Fibo of $0.8136-$0.7412
*RES 3: $0.7716/18 2% vol band, 76.4% of $0.7813-$0.7412
*RES 2: $0.7690 38.2% Fibo of $0.8136-$0.7412
*RES 1: $0.7660/66 61.8% $0.7813-$0.7412, 30 month suppt line
*PRICE: $0.7644 @1646GMT 
*SUP 1: $0.7605/15 Hourly support
*SUP 2: $0.7594 May 31 high, now support
*SUP 3: $0.7560/73 Hourly base Jun 1, Jun 1 high
*SUP 4: $0.7540 Hourly congestion area May 23-28
*COMMENTARY* Recovery has broken above the 2018 falling resistance at
$0.7638-$0.7618, depending on whether you look at the daily or weekly chart.
Trying to deal with resistance from the upper 1% volatility band and then the
base of the previously broken 30 month support line at $0.7666. Further
clearance through here will encourage, $0.7690-$0.7718 then next targets higher.
Support currently from above $0.7615-$0.7605, Thursday's $0.7594 high below.

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