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0.7200 Key Improved risk appetite......>

AUSSIE TECHS
AUSSIE TECHS: 0.7200 Key
Improved risk appetite has seen AUDUSD stage a long-overdue recovery, breaching
the key 0.7200 level. A close above here opens a move toward the 0.7305/10 area
in an attempt to stage a bullish reversal and target the 100-dma & August highs
at 0.7414/53. Failure to hold 0.72 keeps the Sep 11 YTD low at 0.7085 in play,
ahead of the key 0.7000 psychological level which is reported to hold
option-related support.

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