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0.7400 Area Holds Key Resistance.......>

AUSSIE TECHS
AUSSIE TECHS: 0.7400 Area Holds Key Resistance Levels
AUDUSD has given back some of its early gains but remains clear of last week's
highs as bulls set their sights on the 0.7400 area which combines the congestion
zone seen in Jun-Aug and the 200-dma which currently comes in at 0.7418. 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 0.7182.

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