Topside Hesitation Leaves Pair.........>

AUSSIE TECHS: Topside Hesitation Leaves Pair Looking Heavy

*RES 4: $0.8162 - Monthly high May 14 2015

*RES 3: $0.8144 - Bollinger band top

*RES 2: $0.8135 - 2018 High Jan 26

*RES 1: $0.8118 - High Jan 29

*PRICE: $0.8040 @ 2030GMT

*SUP 1: $0.8002 - Low Jan 26 

*SUP 2: $0.7990 - Low Jan 24 

*SUP 3: $0.7961 - 21-DMA 

*SUP 4: $0.7954 - Low Jan 23

*COMMENTARY: Hesitation ahead of $0.8135-62 remains a concern given daily

studies looking to correct from O/B. Bulls look for a close above $0.8162 to

shift focus to $0.8295-0.8542 where the weekly bull channel top ($0.8456) is

noted. The break of $0.8040 following Wednesday's topside failure leaves the

pair looking heavy and risks a correction to $0.7916-61 where the 21-DMA is

noted. Below $0.7916 remains needed to target $0.7729-0.7802.