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AUSSIE TECHS: 100-DMA Next up For Bulls
AUD has so far managed to consolidate above the 0.71 level with short-term focus
on the 100-dma at 0.7163. A break of 0.72 changes the outlook, putting focus
back on the 200-dma at 0.7277, a key level that hasn't been closed above since
March. On the downside bears focus on the 50% retracement level at 0.7018 ahead
of the key psychological 0.70 level.