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So Far Holding Above Key $0.7922-26....>

AUSSIE TECHS
AUSSIE TECHS: So Far Holding Above Key $0.7922-26 Support
*RES 4: $0.8112 2% volatility band
*RES 3: $0.8060/66 1.618 swing $0.7990-$0.7877, Jul 27 high
*RES 2: $0.8036 Initial pullback low Jul 27, now resistance
*RES 1: $0.8008/19 Jul 28 high, hourly recovery high Jul 27
*PRICE: $0.7982 @1558GMT
*SUP 1: $0.7955/65 Hourly support
*SUP 2: $0.7922/26 76.4% Fibo, initial rally high Jul 26 
*SUP 3: $0.7875/78 Jul 21, Jul 26 lows, 1% volatility band
*SUP 4: $0.7834 Jul 14 high, now support
*COMMENTARY* Loss of $0.7970 and then followed by a break below $0.7950 on
Friday remains a concern. Was heavily overbought as a consequence of last week's
sharp rise to $0.8066 but now relying on support from between $0.7922-26 to halt
the fall or we may have the beginnings of a decent correction on our hands. Now
looking at $0.8008-$0.8036 as forming near term resistance against another
attempt higher.
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets

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