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AUSSIE TECHS: 0.7300 Growing in Importance
Having based ahead of the 50-dma on Tuesday, strong AU jobs data further boosted
sentiment, bringing 0.73 back into play. This level has so far proved hard to
overcome and is growing in importance suggesting a break would shift the outlook
bullish. Above here opens the Sep 26 high at 0.7315, ahead of the 0.7400
congestion zone. On the downside, a break below 0.7161 shifts the outlook more
negative, targeting the Oct 26 low at 0.7021.