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0.74 Proves A Step Too Far Failure....>

AUSSIE TECHS
AUSSIE TECHS: 0.74 Proves A Step Too Far 
Failure to overcome the key 0.74 level has taken the momentum out of the AUDUSD
rally, with bulls needing a break above here to open the 200-dma & 50%
retracement of 0.7813-0.7021 at 0.7414/17. On the downside, a close below 0.7300
would suggest a false bullish breakout, allowing bears to target the 0.7200
level and the 50-dma at 0.7188.

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