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Recovery Needs To Negotiate............>

AUSSIE TECHS
AUSSIE TECHS: Recovery Needs To Negotiate $0.7890-$0.7911 Resistance
*RES 4: $0.7992 61.8% Fibo of $0.8136-$0.7759
*RES 3: $0.7948/54 50% of $0.8136-$0.7759, Feb 5 high
*RES 2: $0.7903/11 38.2% of $0.8136-$0.7759, Feb 6 high
*RES 1: $0.7890 Intraday high
*PRICE: $0.7888 @1744GMT 
*SUP 1: $0.7825/30 Hourly support
*SUP 2: $0.7804 Intraday hourly base
*SUP 3: $0.7773 Intraday low
*SUP 4: $0.7759 Feb 9 low
*COMMENTARY* After flattering to deceive, with a break above pivotal $0.7875
resistance, earlier in the day, had then to endure a deep $0.7773 setback,
before once again finding the ability to rally, from above stronger
$0.7759-Stg0.7744 support. Once again $0.7890-$0.7911 resistance comes back into
the picture. Above the latter will improve chance of a higher correction of
recent losses from $0.8136. Meantime, $0.7835-$0.7804 supports.

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