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200-DMA Key resistance Strong..........>

AUSSIE TECHS
AUSSIE TECHS: 200-DMA Key resistance
Strong Chinese data allowed AUDUSD to clear its 100-dma on Friday. AUDUSD
touched overnight highs of 0.7186 which brings the key 200-dma back into view at
0.7193, a level not closed above since Mar 2018. A break of the 0.72 level would
likely accelerate the move toward the ytd high at 0.7295. Bears need to clear
the 100-dma at 0.7139 to return the focus to the 0.71 handle.

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