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Weekly Bull Channel Base Back In The...>

AUSSIE TECHS: Weekly Bull Channel Base Back In The Picture
*RES 4: $0.7814 - 200-DMA
*RES 3: $0.7763 - Hourly support Apr 19 now resistance
*RES 2: $0.7735 - Low Apr 12 now resistance
*RES 1: $0.7702 - Hourly resistance Apr 20
*PRICE: $0.7678 @ 0430GMT
*SUP 1: $0.7644 - 100-WMA 
*SUP 2: $0.7640 - 2018 low Mar 29 
*SUP 3: $0.7625 - Low Dec 14 
*SUP 4: $0.7603 - Weekly Bull channel base off 2016 Low
*COMMENTARY: The 200-DMA capped with the sell-offs Thurs/Fri returning pressure
to $0.7603-44 where the 100-WMA and LT bull channel base off 2016 lows are.
Bears need a weekly close below the channel base to initially target $0.7498 Dec
lows with a close below then targeting $0.7319. Bulls look for a close above
$0.7735 to ease bearish pressure and shift focus back to $0.7814-42 where the
200-DMA ($0.7814) is noted. The Bollinger base ($0.7629) is the concern.

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