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Triangular Consolidation Breaks To.....>

AUSSIE TECHS
AUSSIE TECHS: Triangular Consolidation Breaks To The Downside
*RES 4: $0.7796 1% volatility band
*RES 3: $0.7758 Mar 26 high
*RES 2: $0.7735 Congestion area Mar 23-27
*RES 1: $0.7703 Hourly low Mar 27, intraday high
*PRICE: $0.7663 @0850GMT 
*SUP 1: $0.7652 76.4% Fibo of $0.7502-$0.8136 
*SUP 2: $0.7642 1% volatility band
*SUP 3: $0.7627/28 7 week bear channel base, Dec 14 low 
*SUP 4: $0.7602 1.618 swing of $0.76720-$0.7786
*COMMENTARY* The triangular consolidation has broken to the downside, also
losing support from the month's previous $0.7672 low in the process. This sees
risk revert immediately to the 76.4% Fibo retrace level at $0.7652 and the 1%
volatility band, at the slightly lower $0.7642 level. In the meantime,
resistance comes from the day's $0.7703 high, needing back through here for any
respite. Below $0.7642 and scope to see $0.7627-$0.7602.

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