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Triangular Consolidation Breaks To.....>

AUSSIE TECHS
AUSSIE TECHS: Triangular Consolidation Breaks To The Downside
*RES 4: $0.7780/86 1% volatility band, Mar 22 high
*RES 3: $0.7758 Mar 26 high
*RES 2: $0.7735 Congestion area Mar 23-27
*RES 1: $0.7707 Mar 30 high
*PRICE: $0.7660 @1701GMT 
*SUP 1: $0.7641 Equality fall from $0.7917 to $0.7989-$0.7713
*SUP 2: $0.7615/26 7 week bear channel base, 1% vol band
*SUP 3: $0.7602 1.618 swing of $0.76720-$0.7786
*SUP 4: $0.7549 2% volatility band
*COMMENTARY* The triangular consolidation has broken to the downside, also
losing support from last 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
equality fall target at the slightly lower $0.7641 level. In the meantime,
resistance comes from Friday's $0.7703 high, needing back through here for any
respite. Below $0.7641 and scope to see $0.7630-$0.7602.

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