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0.7400 Next Upside Target For Bulls....>

AUSSIE TECHS
AUSSIE TECHS: 0.7400 Next Upside Target For Bulls
AUDUSD remains at elevated levels amid the backdrop of improved risk appetite.
Bulls need a break of 0.7400 to build on recent momentum, an area which also
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
0.7183.

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