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100-dma Key Improving risk sentiment...>

AUSSIE TECHS
AUSSIE TECHS: 100-dma Key
Improving risk sentiment extended to 0.7247 but has so far failed to consolidate
gains. The 100-dma at 0.7229 is now seen key, a close above is needed to build
on recent momentum opening a run at the 0.7400 level which also holds resistance
from the 200-dma. Bears look to close below the 50-dma at 0.7190 to regain
control, targeting cloud base support at 0.7169, ahead of a return to the ytd
lows at 0.7021.

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