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Sharp Decline Sees Decent Support......>

AUSSIE TECHS
AUSSIE TECHS: Sharp Decline Sees Decent Support From $0.7651-$0.7652 
*RES 4: $0.7833 Hourly recovery high Mar 15
*RES 3: $0.7804 Mar 16 high
*RES 2: $0.7771 Initial base Mar 16, now resistance
*RES 1: $0.7735/40 Hourly resistance
*PRICE: $0.7698 @0928GMT 
*SUP 1: $0.7687 Mar 19 low
*SUP 2: $0.7651/52 6 week bear channel, 76.4% $0.7502-$0.8136 
*SUP 3: $0.7644 2% volatility band
*SUP 4: $0.7628 Dec 14 low
*COMMENTARY* Continued to lose ground rapidly early on Monday, exacerbated by
the loss of $0.7772-$0.7760 support and the lower 1% volatility band, at $0.7722
by time today. A low of $0.7687 so far, this protecting what currently looks a
decent area of support from between the 76.4% Fibo retrace level at $0.7652 and
the 6 week bear channel base at $0.7651. Resistance from $0.7735-$0.7740, above
needed for near term respite.

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