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200-DMA Under Pressure AUDUSD met......>

AUSSIE TECHS
AUSSIE TECHS: 200-DMA Under Pressure
AUDUSD met with resistance at the 200-dma at 0.7293 yesterday but the
retracement has been shallow keeping the focus on this level. Above here would
bring the Dec 5 high at 0.7356 into view, ahead of a run at the 0.7400 level.
Bears need a downside break of 0.72 & the 100-dma at 0.7172 to shift the outlook
neutral. A move back below Friday's lows at 0.7076 would return the focus to the
38.2% retracement level at 0.7046.

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