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0.6865 Is Key AUDUSD touched..........>

AUSSIE TECHS
AUSSIE TECHS: 0.6865 Is Key 
AUDUSD touched Friday's low at 0.6865 yesterday before rallying to recover the
0.6900 level into the close. The broader downtrend remains intact though with
the focus still on the range lows. Below here would likely accelerate the move
towards the 0.6825/40 area which registered a series of previous lows through
Jan 2016. Further support is located on approach to 0.68, ahead of the Jan 3
flash crash low at 0.6741. Bulls need to recover the post election highs at
0.6938, before challenging the May 14 high & 21-dma at 0.6960/62.

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