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0.70 Gives Way AUDUSD has produced a...>

AUSSIE TECHS: 0.70 Gives Way
AUDUSD has produced a series of lower highs with the 0.70 level once again
giving way. Downside pressure remains with bears looking for a close below this
key level to shift the focus back to 0.6953 which marks the 61.8% fibo of the
Jan rise. Bulls need to clear the 0.7050/60 zone which has registered a series
of previous highs. Above here would extend the uptrend towards the Apr 30 high
at 0.7069, ahead of the 0.71 level.

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