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

AUSSIE TECHS
AUSSIE TECHS: Topside Hesitation Leaves Pair Looking Heavy
*RES 4: $0.8162 - Monthly high May 14 2015
*RES 3: $0.8135 - 2018 High Jan 26
*RES 2: $0.8118 - High Jan 29
*RES 1: $0.8079 - Hourly resistance Jan 31
*PRICE: $0.8055 @ 0240GMT
*SUP 1: $0.8026 - Daily Bull channel base 
*SUP 2: $0.8002 - Low Jan 26 
*SUP 3: $0.7990 - Low Jan 24 
*SUP 4: $0.7972 - 21-DMA
*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 $0.7916-72 where the 21-DMA is
noted. Below $0.7916 remains needed to target $0.7729-0.7802.

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