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Sustained $0.7643 Break Can See........>

AUSSIE TECHS
AUSSIE TECHS: Sustained $0.7643 Break Can See Deeper $0.7583-$0.7565 Fall
*RES 4: $0.7735 Apr 19 hourly recovery high
*RES 3: $0.7710 Hourly high Apr 20
*RES 2: $0.7683 Intraday high
*RES 1: $0.7655/65 Hourly resistance
*PRICE: $0.7609 @1718GMT 
*SUP 1: $0.7605/09 Hourly support, intraday low
*SUP 2: $0.7583 2% volatility band
*SUP 3: $0.7565 10 week bear channel base projection
*SUP 4: $0.7539 Equality fall from $0.7813 to $0.7917-$0.7643
*COMMENTARY* Last Thursday saw a challenge to $0.7812-$0.7813 resistance, a
combination of a 61.8% Fibo retrace level and the 2 month falling resistance
line at the time. The subsequent fall and close below $0.7744 created a bearish
'outside day' and initial pressure saw key $0.7683-$0.7672 support give way,
followed by the Mar 29 low at $0.7643 today. Sustained loss can see
$0.7583-$0.7565 next. Initial resistance now from $0.7655-$0.7683.  

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