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Topside Hesitation Now A Concern.......>

AUSSIE TECHS
AUSSIE TECHS: Topside Hesitation Now A Concern
*RES 4: $0.8163 - 2015 High May 14
*RES 3: $0.8065 - 2017 High July 27
*RES 2: $0.8044 - High Aug 1
*RES 1: $0.8028 - High Sept 5
*PRICE: $0.7986 @ 00430
*SUP 1: $0.7961 - Low Sept 6 
*SUP 2: $0.7937 - Hourly support Sept 1 
*SUP 3: $0.7920 - Hourly support Aug 31 
*SUP 4: $0.7863 - Low Aug 24
*COMMENTARY: Hesitation ahead of the $0.8028 level is a concern for bulls with
the Bollinger band top ($0.8016) capping/limiting follow through. Bulls continue
to look for a close above $0.8065 to shift initial focus to tests of
$0.8163-0.8295 where 2015 highs are situated. Bears now look for a close below
$0.7961 to ease pressure on resistance layers and below $0.7920 to see pressure
back on the $0.7863 support.

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