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0.70 Back In Focus A cut in the........>

AUSSIE TECHS
AUSSIE TECHS: 0.70 Back In Focus
A cut in the RBA's growth forecast saw AUDUSD drop below its Jan 25 low and
brings the 50% retracement level at 0.7018 into view, ahead of the Jan 4 low at
0.6994. Bulls need a close above the 100-dma & 0.72 to change the outlook,
putting focus back on the 200-dma at 0.7282, a key level that hasn't been closed
above since March.

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