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Sustained $0.7531 Break Remains Key....>

AUSSIE TECHS
AUSSIE TECHS: Sustained $0.7531 Break Remains Key To Recovery Prospects
*RES 4: $0.7612 50% Fibo of $0.7813-$0.7412
*RES 3: $0.7582 1% volatility band
*RES 2: $0.7561/65 May 4 high, 38.2% of $0.7813-$0.7412
*RES 1: $0.7531/34 Hourly recovery high May 7, intraday high
*PRICE: $0.7524 @1704GMT 
*SUP 1: $0.7473 May 9 high, May 1 low
*SUP 2: $0.7440 Hourly support
*SUP 3: $0.7412 May 9 low
*SUP 4: $0.7397 2018 weekly bear channel base
*COMMENTARY* A low of $0.7412 on Wednesday, just beneath the swing target at
$0.7419. This the remaining protection to the 2018 weekly bear channel base at
$0.7397. In the meantime, nearest resistance from the May 1 low at $0.7473 and
the previous basing area at $0.7492-$0.7493 has been breached, leaving the key
$0.7531 level as the next barrier. It is a sustained break though here, that is
currently the key to any better recovery prospects. 

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