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Remains Capped Ahead Of 21-DMA *RES....>

AUSSIE TECHS
AUSSIE TECHS: Remains Capped Ahead Of 21-DMA
*RES 4: $0.7810 - 200-DMA
*RES 3: $0.7807 - Falling daily TL off 2018 high
*RES 2: $0.7784 - High Mar 22
*RES 1: $0.7733 - 21-DMA
*PRICE: $0.7682 @ 0430GMT
*SUP 1: $0.7655 - Hourly support Apr 6 
*SUP 2: $0.7630 - 100-WMA, Low Dec 14 
*SUP 3: $0.7589 - Bollinger band base 
*SUP 4: $0.7580 - High Dec 12 now support
*COMMENTARY: Hesitation ahead of key DMAs $0.7733-0.7834 remain a concern for
bulls. Overall bulls need a close above the 55-DMA to end bearish hopes and
shift initial focus to $0.7916 and overall focus back to $0.8135-62. Momentum
has corrected to more neutral levels but the Slow Stochastic remains very O/S
with bears now needing a close below the 100-WMA to reconfirm focus on
$0.7500-80. Below $0.7500 initially targets $0.7319.

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